sec.52AEMO fees and charges

sec.52 AEMO fees and charges

AEMO may— determine fees and charges for services provided by it under this Law or the Rules; and charge for and recover the fees and charges in accordance with this Law and the Rules. The fees and charges for a service are to be determined on a non-profit basis that— provides for full recovery of the costs of providing the service; and does not amount to taxation; and is consistent with the requirements of the Rules. Exact equivalence is not required between the costs of providing a service and the revenue derived from providing the service in a particular accounting period if there are reasonable grounds to believe that costs will over time approximate revenue. This section does not prevent AEMO from generating a profit from the performance of non-statutory functions (such as the provision of consultancy services). Any such profit would not, however, be available for distribution to members. Despite the above provisions, a component of AEMO’s fees and charges may, if the Rules so provide, relate to costs that are not specifically referable to services provided under this Law or the Rules. As a general rule, AEMO’s expenditures will be allocated to services provided to the electricity industry or the gas industry. Subsection (4) deals with costs that cannot be wholly attributed to either industry. This section does not limit AEMO’s power to determine, charge for and recover fees and charges for carrying out functions conferred by jurisdictional legislation. In this section— service includes the performance of statutory functions. s 52 sub 2009 No. 31 (SA) s 17 (sec.52-ssec.1) AEMO may— determine fees and charges for services provided by it under this Law or the Rules; and charge for and recover the fees and charges in accordance with this Law and the Rules. (sec.52-ssec.2) The fees and charges for a service are to be determined on a non-profit basis that— provides for full recovery of the costs of providing the service; and does not amount to taxation; and is consistent with the requirements of the Rules. (sec.52-ssec.3) Exact equivalence is not required between the costs of providing a service and the revenue derived from providing the service in a particular accounting period if there are reasonable grounds to believe that costs will over time approximate revenue. This section does not prevent AEMO from generating a profit from the performance of non-statutory functions (such as the provision of consultancy services). Any such profit would not, however, be available for distribution to members. (sec.52-ssec.4) Despite the above provisions, a component of AEMO’s fees and charges may, if the Rules so provide, relate to costs that are not specifically referable to services provided under this Law or the Rules. As a general rule, AEMO’s expenditures will be allocated to services provided to the electricity industry or the gas industry. Subsection (4) deals with costs that cannot be wholly attributed to either industry. (sec.52-ssec.5) This section does not limit AEMO’s power to determine, charge for and recover fees and charges for carrying out functions conferred by jurisdictional legislation. (sec.52-ssec.6) In this section— service includes the performance of statutory functions.