Procedure for Variation in Reference Tariffs Sample Clauses

Procedure for Variation in Reference Tariffs. 4.6.1. Routine Variations AGN will notify the Regulator in respect of any Reference Tariff variations, at least 50 business days before the date of implementation and include: a the proposed variations to the Reference Xxxxxxx; and b an explanation and details of how the proposed variations have been calculated. If AGN proposes variations to the Reference Tariffs (other than as a result of a Cost Pass Through Event) and those variations have not been approved by the next 1 July1 January then the Reference Tariffs will be varied as proposed by AGN until such time as variations to Reference Tariffs are approved by the Regulator. If it appears that any past tariff variation contains a material error or deficiency because of a clerical mistake, accidental slip or omission, miscalculation or misdescription, the AER may change subsequent tariffs to account for these past issues. Within 30 Business Days of receiving AGN’s variation notice, the Regulator will inform XXX in writing of whether or not it has verified the proposed Haulage Reference Xxxxxx and/or Haulage Reference Tariff Components in the AGN’s variation notice as compliant with the Annual Tariff Variation Mechanism. The 30 Business Day period may be extended for the time taken by the AER to obtain information from AGN, obtain expert advice or consult about the notification. However, the Regulator must assess a variation application within 90 Business Days, including any extension of the decision making time.
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Procedure for Variation in Reference Tariffs 
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Related to Procedure for Variation in Reference Tariffs

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