(1) For the purposes
of section 59E(2) of the Act, the annual administration fee is to be
calculated in accordance with the following formula:
where—
"X" is the annual administration fee for a NERL retailer;
"GA" is the costs determined by the Minister of the administration of the Act;
"ESC" is the costs determined by the Minister of the administration by the
Commission of the Essential Services Commission Act 2002 attributable to
the retailing of gas to small customers;
"AEMC" is the costs referred to in subregulation (2);
"Q" is the amount determined by the Minister to adjust the annual
administration fee based on events that occurred during the period to which
the previous annual administration fee related (such as a new entrant to the
market for the retailing of gas) or such other matter relating to that
previous period that the Minister thinks fit;
"Y" is the number of NERL retailers that retail gas to small customers at the
commencement of the period to which the annual administration fee relates.
(2) For the purposes
of section 59E(7)(c) of the Act, the costs determined by the Minister of
the administration in relation to the retailing of gas in South Australia of
Part 9 of the National Energy Retail Law (South Australia) by the
Australian Energy Market Commission established by the
Australian Energy Market Commission Establishment Act 2004 are
prescribed.
(3) If a NERL retailer
commences retailing gas to small customers as a NERL retailer during a period
to which an annual administration fee relates, the annual administration fee
for the NERL retailer is to be adjusted by multiplying—
(a) the
annual administration fee that would have been payable by the NERL retailer
had it been retailing gas as a NERL retailer during the whole of the relevant
period; and
(b) the
proportion that the number of whole months between the commencement of
retailing and the end of the relevant period bears to 12 months.
(4) If a relevant
entity within the meaning of section 33 of the National Energy Retail
Law (South Australia) Act 2011 had, before 1 February 2013,
paid (as a gas entity under the Gas Act 1997 ) to the Commission a
licence fee under section 20 of the Act in respect of the whole or any
part of the period commencing on 1 February 2013 and ending on
1 February 2014, the Commission must determine an amount in relation
to the licence fee that is to be offset against the annual administration fee
that applies to the entity, or credited or refunded to the entity (as
determined by the Commission).