Western Australian Repealed Regulations

This legislation has been repealed.

ECONOMIC REGULATION AUTHORITY (GAS PIPELINES ACCESS FUNDING) REGULATIONS 2003 - REG 5

5 .         Assessment and payment of standing charges

        (1)         As soon as is practicable after the end of each quarter, the Authority is to —

            (a)         assess the standing charges payable by a person; and

            (b)         give a notice of assessment to the person specifying —

                  (i)         the amount of each of those charges and the total amount payable;

                  (ii)         the amount of the core function costs used in calculating those charges; and

                  (iii)         the day on which the notice of assessment was issued.

        (2)         The assessment amount is payable to the Authority within 30 days after the day specified under subregulation (1)(b)(iii).

        (3)         If the assessment amount is not paid in full within the allowed period, interest on the outstanding amount is payable to the Authority at the prescribed rate calculated daily.