33PDecision on application

33P Decision on application (1) On receiving an application under section 33O, VicGrid must— (a) if VicGrid is satisfied of the applicable matters— (i) grant the application; and (ii) amend the REZ scheme authority or any conditions determined by VicGrid to which the authority is subject, or both; or (2) For the purposes of subsection (1), the applicable matters are— (a) that the system change that the REZ scheme authority holder is wishing to carry out meets the prescribed requirements (if any); and (b) that the system change will not result in the REZ limits applying to an eligible generating system or eligible integrated resource system forming part of the eligible facility being exceeded. (3) If VicGrid grants an application under subsection (1) and amends the REZ scheme authority, VicGrid must issue a new REZ scheme authority that includes VicGrid's amendments. (4) A REZ scheme authority that includes VicGrid's amendments supersedes the previous REZ scheme authority held by the REZ scheme authority holder. (5) If VicGrid refuses an application under subsection (1), VicGrid must give written notice of that decision to the REZ scheme authority holder as soon as practicable after making the decision. (7) In this section— ***REZ limits*** means the limits (measured in megawatts) specified in the REZ declaration for the kind of eligible generating system or eligible integrated resource system that forms part of the eligible facility. Subdivision 3—Revocation of REZ scheme authorities S. 33Q inserted by No. 38/2025 s. 33.