Western Australia
Economic Regulation Authority (Transitional) Regulations 2003
Western Australia
Economic Regulation Authority (Transitional) Regulations 2003
CONTENTS
1.Citation1
2.Commencement1
3.Terms used in these regulations1
4.Assessment and payment of standing charges for quarter beginning 1 October 20032
5.Service charges in respect of functions performed by the Regulator3
6.Recovery of unpaid amounts4
7.Matters to be included in Authority’s report4
Notes
Compilation table5
Economic Regulation Authority Act 2003
Economic Regulation Authority (Transitional) Regulations 2003
These regulations may be cited as the Economic Regulation Authority (Transitional) Regulations 2003.
These regulations come into operation on 1 January 2004.
3.Terms used in these regulations
(1)In these regulations, unless the contrary intention appears —
allowed period means the period referred to in regulation 4(2) or 5(6), as the case requires, or such further period as the Authority may allow;
assessment amount means the total amount payable as specified in a notice of assessment under regulation 4(1)(b)(i);
commencement day means 1 January 2004;
Gas Pipelines Access (Funding) Regulations means the Gas Pipelines Access (Western Australia) (Funding) Regulations 1999 as in force immediately before the commencement day;
prescribed rate means an interest rate that is 5 percentage points higher than the bank bill rate, where the bank bill rate is —
(a)the rate quoted on Telerate page 39373 as the Bank Bill Reference Rate (Mid‑Rate) for a one month bill at or about 10:00 hours (Sydney time) on the first day after the allowed period; or
(b)if a rate is not quoted as described in paragraph (a), the rate determined by the Authority having regard to comparable indices then available;
service charge means a charge referred to in regulation 5(1).
(2)If these regulations use a term that is used in the Gas Pipelines Access (Funding) Regulations, the term has the same meaning in these regulations as it has in the Gas Pipelines Access (Funding) Regulations, unless the contrary intention appears in these regulations.
4.Assessment and payment of standing charges for quarter beginning 1 October 2003
(1)As soon as practicable after the commencement day the Authority is to —
(a)assess the standing charges payable by a person under the Gas Pipelines Access (Funding) Regulations regulation 3(1) in respect of the quarter beginning on 1 October 2003; and
(b)give a notice of assessment to the person specifying —
(ii)the amount of the core function costs used in calculating those charges; and
(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.
5.Service charges in respect of functions performed by the Regulator
(2)The Authority is not to require payment of a charge under subregulation (1) in respect of a matter if payment of a charge in respect of the same matter has been required under the Gas Pipelines Access (Funding) Regulations regulation 5(1).
(3)The notice referred to in subregulation (1)
(a)the amount of the service charge; and
(4)The Gas Pipelines Access (Funding) Regulations regulation 5(3) and (4) apply for the purposes of determining the amount of the service charge.
(5)The Authority is to provide the person liable to pay a service charge with an itemised account of the costs covered by the charge if the person so requests.
(7)If the amount of a service charge 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.
(1)The Authority may recover any unpaid assessment amount or service charge, together with any interest payable under these regulations, in a court of competent jurisdiction as if it were a debt due to the Authority.
(2)In proceedings under this regulation a certificate —
(a)purporting to be signed by the chairman;
(b)specifying an amount as being an assessment amount or service charge;
(c)specifying a person as being liable to pay the amount; and
(d)stating that the amount is unpaid,
is, without proof of the appointment of the chairman or of the authenticity of the signature, sufficient evidence of the matters specified or stated.
7.Matters to be included in Authority’s report
The annual report submitted by the Authority under the Financial Administration and Audit Act 1985 section 66 for the financial year ending on 30 June 2004 is to include —
(a)the total amount of standing charges paid by each person under these regulations; and
(b)the total amount of service charges paid by each service provider under these regulations.
Notes
1This is a compilation of the Economic Regulation Authority (Transitional) Regulations 2003. The following table contains information about that regulation.
Citation |
Gazettal |
|
Economic Regulation Authority (Transitional) Regulations 2003 |
30 Dec 2003 p. 5731‑3 |
1 Jan 2004 (see r. 2) |