Victorian Numbered Acts

ENERGY LEGISLATION AMENDMENT (FEED-IN TARIFFS AND IMPROVING SAFETY AND MARKETS) ACT 2017 (NO. 1 OF 2017) - SECT 4

For section 40FBA of the Electricity Industry Act 2000 substitute —

        " 40FBA     Rates for purchases of small renewable energy generation electricity

For the purposes of section 40FB(2)(a), in each financial year the amount to be credited against the charges payable to a relevant licensee by a customer who is a relevant generator is determined at—

        (a)     the rate or rates determined by the Commission under section 40FBB for that financial year; or

        (b)     if the Commission has not determined one or more rates under section 40FBB for that financial year—the rate or rates that applied immediately before the commencement of that financial year.".