Commonwealth Consolidated Acts

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AUSTRALIAN RENEWABLE ENERGY AGENCY ACT 2011 - SECT 64

Amounts available for payment to ARENA

  (1)   Subject to section   65, the Commonwealth will, for each financial year specified in the following table, make payments to ARENA up to the amount specified for that year.

 

Yearly maximum payments to ARENA

Item

Financial year

Amount for financial year

1

2013 - 2014

$581,276,000.00

2

2014 - 2015

$194,340,000.00

3

2015 - 2016

$89,991,000.00

4

2016 - 2017

$56,950,000.00

5

2017 - 2018

$257,925,000.00

6

2018 - 2019

$235,296,000.00

7

2019 - 2020

$254,704,000.00

8

2020 - 2021

$134,035,000.00

9

2021 - 2022

$132,474,000.00

Carry over of unspent money from one year to next

  (2)   If the amount specified in the table in subsection   (1) for a financial year exceeds the amount paid to ARENA under section   65 in respect of requests made during that year, the table has effect as if the amount specified in the table for the next financial year were increased by the excess.



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