South Australian Current Regulations

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ELECTRICITY (GENERAL) REGULATIONS 2012 - REG 16

16—Licence fees and returns

        (1)         For the purposes of section 20(2) of the Act, the licence fee, or the first instalment of the licence fee, (as the case may require) must be paid before the anniversary in each year of the day on which the licence was issued.

        (2)         For the purposes of section 20(2) of the Act, an annual return must be lodged before 31 August in each year.

        (3)         For the purposes of section 20(5) of the Act, the penalty for default—

            (a)         for failing to pay a licence fee, or an instalment of a licence fee, is 10% per annum of the outstanding amount calculated daily on a cumulative basis;

            (b)         for failing to lodge an annual return is $500.

        (4)         The following costs are prescribed for the purposes of paragraph (d) of the definition of "administrative costs" in section 20(7) of the Act:

            (a)         the costs of any committee established for the purpose of advising the Minister in relation to the preparation of programs for the undergrounding of powerlines under section 58A of the Act;

            (b)         the costs of administration of the Energy Products (Safety and Efficiency) Act 2000 ;

            (c)         the costs of administration of the Australian Energy Market Commission in relation to the electricity supply industry in South Australia in the financial year to which the licence relates.



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