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RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 67

When renewable energy shortfall charge is payable

Large - scale generation shortfall charge

  (1)   Large - scale generation shortfall charge for a year is payable:

  (a)   if, on or before 14   February in the next year, the liable entity lodges a large - scale generation shortfall statement for that year--on that day; or

  (b)   if, after that day, the liable entity lodges a large - scale generation shortfall statement for that year--on the day on which the statement is lodged.

Note:   For when large - scale generation shortfall charge is payable if the liable entity does not lodge a large - scale generation shortfall statement, see subsection   48(4).

Small - scale technology shortfall charge

  (2)   Small - scale technology shortfall charge for a year is payable:

  (a)   if, on or before 14   February in the next year, the liable entity lodges a small - scale technology shortfall statement for that year--on that day; or

  (b)   if, after that day, the liable entity lodges a small - scale technology shortfall statement for that year--on the day on which the statement is lodged.

Note:   For when small - scale technology shortfall charge is payable if the liable entity does not lodge a small - scale technology shortfall statement, see subsection   48B(4).


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