Victorian Current Acts Victorian Current Acts(1) This section applies despite anything to the contrary in—
(a) the National Electricity (Victoria) Law; or
(b) the Rules; or
(c) an applicable 2016–2020 distribution determination.
(2) Subject to this Division, the AER may make a variation—
(a) to any constituent decision, or constituent component, of an applicable 2016–2020 distribution determination, including a building block determination, that the AER considers necessary to be made as a consequence of the enactment of Subdivision 3; and
(b) to any other part of an
applicable
2016–2020 distribution determination that the AER considers
necessary to be made as a consequence of—
(i) the enactment of Subdivision 3; or
(ii) the making of a variation under paragraph (a).
(3) Without limiting subsection (2), the AER may, if the AER considers it necessary for a Victorian DNSP to recover the efficient costs it incurs as a direct result of the enactment of Subdivision 3, make any necessary variations under that subsection to an applicable 2016–2020 distribution determination to enable the Victorian DNSP to recover those costs.
(4) The AER must not make a variation decision that includes the matter mentioned under subsection (3) unless the Victorian DNSP submits a pricing proposal under section 16VD that extends to the efficient costs that the Victorian DNSP incurs as a direct result of the enactment of Subdivision 3.
(5) The AER must not make a variation decision that is inconsistent with any applicable Order under this Division.
(6) The AER must publish a variation decision.
Subdivision 7—Other matters
S. 16VL inserted by No. 28/2020 s. 3.