Commonwealth Consolidated Acts

RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 46

  (1)   There are 2 different types of renewable energy shortfall statement :

  (a)   a large - scale generation shortfall statement (see subsections   (2) and (3)); and

  (b)   a small - scale technology shortfall statement (see subsections   (4) and (5)).

Large - scale generation shortfall statement

  (2)   A liable entity that has a large - scale generation shortfall for a year (the assessment year ) must lodge a large - scale generation shortfall statement for the year on or before:

  (a)   14   February in the next year; or

  (b)   any later day allowed by the Regulator.

  (3)   The statement must set out:

  (a)   the name and postal address of the liable entity; and

  (b)   the liable entity's large - scale generation shortfall for the assessment year; and

  (c)   the amount of any carried forward shortfall or carried forward surplus that the liable entity had for the previous year; and

  (d)   either:

  (i)   the amount of carried forward shortfall that the liable entity has for the assessment year; or

  (ii)   the amount of large - scale generation shortfall charge that is payable by the liable entity for the assessment year; and

  (e)   any other information required by the regulations.

Small - scale technology shortfall statement

  (4)   A liable entity that has a small - scale technology shortfall for a year (the assessment year ) must lodge a small - scale technology shortfall statement for the year on or before:

  (a)   14   February in the next year; or

  (b)   any later day allowed by the Regulator.

  (5)   The statement must set out:

  (a)   the name and postal address of the liable entity; and

  (b)   the liable entity's small - scale technology shortfall for the assessment year; and

  (c)   the amount of small - scale technology shortfall charge that is payable by the liable entity for the assessment year; and

  (d)   any other information required by the regulations.

General requirements for statements

  (6)   A statement under this section must:

  (a)   be in a form approved by the Regulator; and

  (b)   be lodged with the Regulator in accordance with the regulations; and

  (c)   be signed by or on behalf of the liable entity making the statement.