67When renewable energy shortfall charge is payable

67 When renewable energy shortfall charge is payable

Large‑scale generation shortfall charge (1) Large‑scale generation shortfall charge for a year is payable: (a) if, on or before 14 February in the next year, the liable entity lodges a large‑scale generation shortfall statement for that year—on that day; or (b) if, after that day, the liable entity lodges a large‑scale generation shortfall statement for that year—on the day on which the statement is lodged.

Note: For when large‑scale generation shortfall charge is payable if the liable entity does not lodge a large‑scale generation shortfall statement, see subsection 48(4).

Small‑scale technology shortfall charge (2) Small‑scale technology shortfall charge for a year is payable: (a) if, on or before 14 February in the next year, the liable entity lodges a small‑scale technology shortfall statement for that year—on that day; or (b) if, after that day, the liable entity lodges a small‑scale technology shortfall statement for that year—on the day on which the statement is lodged.

Note: For when small‑scale technology shortfall charge is payable if the liable entity does not lodge a small‑scale technology shortfall statement, see subsection 48B(4).