New South Wales Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
ELECTRICITY SUPPLY ACT 1995 - SECT 32E
Ceasing to be a licensee during a year
32E Ceasing to be a licensee during a year
(1) If a person ceases to be a licensee during a financial year, the amount of
levy payable by the licensee may be adjusted by order of the Governor,
applying to the licensee and published in the Gazette, having regard to the
length of the portion of that financial year that the distributor's licence
was in force.
(2) Such a person is entitled to a refund of any money paid in
excess of the amount of the levy as so adjusted.
(3) However, a person does
not, by ceasing to be a licensee, cease to be liable to a levy, or to a
variation of a levy under section 32C, in respect of any period during which
the person was a licensee.
(4) Accordingly, a reference in this Division to a
licensee includes a reference to a former licensee, but without making the
former licensee liable to a levy in respect of any period after the person
ceased to be the holder of a distributor's licence.
(5) The other sections of
this Division apply for the purpose of calculating an adjustment referred to
in subsection (1) or a variation referred to in subsection (3) as if
references in those sections to a financial year were references to the
portion of the financial year during which the distributor's licence was in
force.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback