NTIn ForceAct
Ports Management Act 2015
133Access and pricing principles
Start here
Get a plain-English read of 133
Turn the raw legal text into a practical explanation grounded in Ports Management Act 2015.
133 Access and pricing principles
The access and pricing principles for this Part are as follows:
(a) the price of access to a prescribed service should be set so as
to:
(i) generate expected revenue from the service that is at
least sufficient to meet the efficient costs of providing
access to it; and
(ii) include a return on investment commensurate with the
regulatory and commercial risks involved;
(b) price structures should:
(i) allow multi-part pricing and price discrimination when it
aids efficiency; and
(ii) not allow a vertically integrated provider of access to
services to set terms and conditions that discriminate in
favour of its downstream operations, except to the extent
that the cost of providing access to others is higher;
(c) access pricing regimes should provide incentives to reduce
costs or otherwise improve productivity.
Ports Management Act 2015 99