VICIn ForceAct
National Electricity (Victoria) Act 2005
117AEMO's revenue methodology to be VicGrid's revenue methodology
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117 AEMO's revenue methodology to be VicGrid's revenue methodology
(1) This section applies if AEMO has published a revenue methodology under clause S6A.4.2(c)(8) of the Rules which is in effect immediately before the commencement day.
(2) On the commencement day, the revenue methodology is taken to have been published by VicGrid and is taken to be the revenue methodology that VicGrid must have for the purposes of clause S6A.4.2(c)(2) of the Rules.
(3) In addition—
(a) on and after the commencement day, AEMO must pay to VicGrid any VicGrid fees and charges that AEMO has, before the commencement day, collected in accordance with the revenue methodology and section 67 (as in force from time to time before that day); and
(b) any VicGrid fees and charges that AEMO has not, before the commencement day, collected in accordance with the revenue methodology and section 67 (as in force from time to time before that day) and may be collected by VicGrid on and after that day.
***VicGrid fees and charges*** means VicGrid fees and charges as defined under section 51 immediately before the commencement day.
S. 118 inserted by No. 38/2025 s. 57.