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RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 36
Charge payable by liable entity
- (1)
- Subject to subsection (2), if a liable entity has a renewable energy
certificate shortfall for a year, renewable energy shortfall charge is payable
in respect of the shortfall.
- (2)
- No renewable energy shortfall charge is payable by a liable entity for a
year if its renewable energy certificate shortfall for the year is less than
10% of the liable entity's required renewable energy for the year. However,
the renewable energy certificate shortfall becomes a carried forward shortfall
for the year.
- (3)
- Renewable energy shortfall charge imposed in respect of a liable entity's
renewable energy certificate shortfall for a year is payable by the liable
entity.
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