90REZ scheme fee account of VicGrid

90 REZ scheme fee account of VicGrid (1) There must be paid into the REZ scheme fee account— (a) all REZ scheme fees paid to VicGrid; and (b) all money that is received from the investment of money in the account. (2) There must be paid out of the REZ scheme fee account— (a) amounts to cover the costs incurred by VicGrid in performing a function or exercising a power under Division 2C of Part 5 or under regulations made for the purposes of that Division; or (b) amounts to cover the costs of reviews conducted under Part 9; or (c) if an entity other than VicGrid incurs costs in calculating REZ scheme fees, amounts to cover those costs; or (d) amounts to cover the costs of administering the account. (3) In addition, all money standing to the credit of the REZ scheme fee account at the end of a prescribed period must be paid out as follows— (a) 50% of the money standing to the credit of the account must be paid into the REZ Community Energy Fund; (b) 50% of the money standing to the credit of the account must be paid into the Traditional Owners Fund. Division 2—The REZ Community Energy Fund S. 91 inserted by No. 38/2025 s. 50.