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NATIONAL GAS (QUEENSLAND) LAW - SECT 91E
AEMO fees and charges
91E AEMO fees and charges
(1) AEMO may— (a) determine fees and charges for services provided by it
under this Law, the Rules or the Procedures; and
(b) charge for, and recover,
the fees and charges in accordance with this Law and the Rules.
(2) The fees
and charges for a service are to be determined on a non-profit basis that—
(a) provides for full recovery of the costs of providing the service; and
(b)
does not amount to taxation; and
(c) is consistent with the requirements of
the Rules.
(3) Exact equivalence is not required between the costs of
providing a service and the revenue derived from providing the service in a
particular accounting period if there are reasonable grounds to believe that
costs will over time approximate revenue. Note— This section does not
prevent AEMO from generating a profit from the performance of non-statutory
functions (such as the provision of consultancy services). Any such profit
would not, however, be available for distribution to members.
(4) Despite
the above provisions, a component of AEMO’s fees and charges may, if the
Rules so provide, relate to costs that are not specifically referable to
services provided under this Law, the Rules or the Procedures. Note— As a
general rule, AEMO’s expenditures will be allocated to services provided to
the electricity industry or the gas industry. Subsection (4) deals with costs
that cannot be wholly attributed to either industry.
(5) This section does
not limit AEMO’s power to determine, charge for and recover fees and charges
for carrying out functions conferred by jurisdictional legislation.
(6) In
this section—
"service" includes the performance of statutory functions.
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