Commonwealth Consolidated Acts

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RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 98

Refund of charge where certificates surrendered

    If a liable entity surrenders large - scale generation certificates under section   95, the Regulator must pay the liable entity the amount worked out using the formula:

    Start formula Certificate value minus Administration fee end formula

where:

"administration fee" is the amount worked out under the regulations.

 


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