52Pricing determinations for monopoly services

52 Pricing determinations for monopoly services

52 Pricing determinations for monopoly services

(1) IPART may, on a referral by the Minister, investigate, report on and determine a pricing methodology for a monopoly service, or a class of monopoly services, including a pricing methodology for connection charges relating to a monopoly service.

(2) Without limiting subsection (1)—

(a) a pricing methodology determined by IPART may—

(i) apply generally or be limited in its application by reference to specified exceptions or factors, or

(ii) apply differently according to different factors of a specified kind, and

(b) IPART may determine a pricing methodology for a monopoly service despite a previous determination under this section already applying to that service.

Example.

A pricing methodology may apply differently to different classes of services based on location, the service provided and the infrastructure concerned.

(3) Subject to the regulations, the provisions of the Independent Pricing and Regulatory Tribunal Act 1992, Part 3 in relation to government monopoly services apply to and for a matter referred to IPART under this section in the same way as they apply to and for a matter referred to IPART under that Act, section 12.

(4) Without limiting the kinds of regulations that may be made under subsection (3), the regulations may deal with the processes that IPART must use in investigating and determining a pricing methodology.

(5) It is a condition of a monopoly supplier’s licence that the monopoly supplier must comply with a relevant determination by IPART under this section.

(6) In this section, connection charge means a fee or amount charged to connect premises to a water or sewerage service, and includes an infrastructure charge, developer charge or administration charge related to connecting premises to a service.

s 52: Subst 2021 No 26, Sch 1[19].