48Application for borrowing adjustment determination

48 Application for borrowing adjustment determination

(1) The responsible emitter for a facility may apply to the Regulator for a borrowing adjustment determination for the facility for a financial year. (2) The application must be made: (a) in a manner and form approved, in writing, by the Regulator; and (b) before the end of the due date for the application, unless the Regulator agrees to accept the application after that date.

Note 1: For the due date for the application, see section 52.

Note 2: For withdrawal of the application, see section 53.

(3) The application must specify a number as the proposed borrowing adjustment number for the facility for the financial year.