Electricity and Other Legislation Amendment Bill 2006 (Qld)

Electricity and Other Legislation Amendment Bill 2006

Electricity and Other Legislation Amendment Bill 2006

Amendments agreed to during Consideration

1 Clause 22 (Amendment of s 90 (Deciding prices for non-contestable customers))—

At page 43, lines 24 and 25— omit, insert—

'*(2) The prices or methodology decided under subsection (1) must be in the form of a tariff schedule.

'(2A) To remove any doubt, the following is declared for decisions under subsection (1)—

(a) they may be made from time to time and not just once a year;

(b) a tariff from the tariff schedule for the previous tariff year may be added to, removed or changed;

(c) they can not be made for non-DUOS charges.'.

2 Clause 22 (Amendment of s 90 (Deciding prices for non-contestable customers))—

At page 43, line 30, after 'comply with'— insert—

'any indexation required under'.

3 Clause 25 (Insertion of new ch 4, pt 2, div 3)— At page 45, line 2 to page 46, line 10—

omit, insert— Electricity and Other Legislation Amendment Bill 2006

' 'Division 3 Annual indexation

'Subdivision 1 Preliminary

'91B Operation and application of div 3

'(D)

(2)

(4)

'3)

This division requires the annual indexation of tariffs in the current tariff schedule to the extent the tariffs, or components of the tariffs, will continue to apply in the next tariff year (the relevant tariff year).

However, indexation under this division only applies to— (a) customer retail charges; and (b) DUOS charges under section 90.

Also, this division does not prevent the pricing entity from, under section 90, adding to, removing or changing a tariff when indexation is required under this division.

Each tariff indexed under this division applies from the start of the relevant tariff year.

'91C Definitions for div 3

'In this division— benchmark retail cost element see section 91G(2). c/kWh means cents per kilowatt hour.