National Electricity (Queensland) Law
sec.18JControl of rate of return instrument
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sec.18J Control of rate of return instrument
If a rate of return instrument states the value of imputation credits, the instrument must state a single value to apply in relation to all regulated network service providers. If a rate of return instrument states a way to calculate the rate of return on capital or the value of imputation credits, the instrument must— provide for the same methodology to apply in relation to all regulated network service providers in calculating the rate or value; and provide for the methodology to apply automatically without the exercise of any discretion by the AER. The instrument can not include different methodologies or a band of values from which the AER could choose in applying the instrument. Subject to subsections (1) and (2) , the instrument may include other matters the AER considers appropriate. Matters to help a regulated network service provider calculate a rate of return or the value of imputation credits. s 18J ins 2018 No. 33 (SA) s 6 (sec.18J-ssec.1) If a rate of return instrument states the value of imputation credits, the instrument must state a single value to apply in relation to all regulated network service providers. (sec.18J-ssec.2) If a rate of return instrument states a way to calculate the rate of return on capital or the value of imputation credits, the instrument must— provide for the same methodology to apply in relation to all regulated network service providers in calculating the rate or value; and provide for the methodology to apply automatically without the exercise of any discretion by the AER. The instrument can not include different methodologies or a band of values from which the AER could choose in applying the instrument. (sec.18J-ssec.3) Subject to subsections (1) and (2) , the instrument may include other matters the AER considers appropriate. Matters to help a regulated network service provider calculate a rate of return or the value of imputation credits.
- (a) provide for the same methodology to apply in relation to all regulated network service providers in calculating the rate or value; and
- (b) provide for the methodology to apply automatically without the exercise of any discretion by the AER.