102Effect of greenfields incentive determination

102 Effect of greenfields incentive determination

102 Effect of greenfields incentive determination

(1) A greenfields incentive determination takes effect on and from the date specified in the determination.

(2) The period during which a greenfields incentive determination continues in force (the operative period) is—

(a) if the AER decides a period under section 101(2) that is less than 15 years—that period; or

(b) otherwise—15 years from the commissioning of the pipeline.

(3) During the operative period, the pipeline the subject of the greenfields incentive determination cannot become a scheme pipeline.

(4) An application for a scheme pipeline determination in relation to a pipeline to which a greenfields incentive determination applies can be made—

(a) before the end of the operative period for the greenfields incentive determination; but

(b) only if the scheme pipeline determination is to commence from, or after, the end of the operative period.

s 102: Subst 2022 No 21, sec 52.