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Renewable Energy (Electricity) Act 2000
50Refund of overpaid amounts
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#### 50 Refund of overpaid amounts
(1) If, because an assessment is amended, a person’s liability to renewable energy shortfall charge is reduced:
(a) the amount by which the charge is reduced is taken, for the purposes of section 70, never to have been payable; and
(b) the Regulator must:
(i) refund any overpaid amount; or
(ii) apply any overpaid amount against the person’s liability (if any) to the Commonwealth and refund any part of the amount that is not so applied.
(2) In subsection (1):
> overpaid amount includes any overpaid amount of penalty charge or interest charge.