Common use of Speculative Capital Expenditure Clause in Contracts

Speculative Capital Expenditure. ‌ If during the Access Arrangement Period, AGN makes capital expenditure (in whole or in part) that is non-conforming capital expenditure under the Rules, AGN may: a recover the amount of the expenditure in full or in part by means of a capital contribution by a Network User or Network Users; and/or b notify the AER that it proposes to recover the amount or part of the amount of the expenditure by means of a surcharge to be approved by the AER, in accordance with the Rules. To the extent that the amount of the non-conforming capital expenditure is not to be recovered pursuant to Section 9, AGN will add that amount to its speculative capital expenditure account in accordance with the Rules.

Speculative Capital Expenditure. ‌ If during the Access Arrangement Period, AGN makes capital expenditure (in whole or in part) that is non-conforming capital expenditure under the Rules, AGN may: a recover the amount of the expenditure in full or in part by means of a capital contribution by a Network User or Network Users; and/or b notify the AER that it proposes to recover the amount or part of the amount of the expenditure by means of a surcharge to be approved by the AER, in accordance with the Rules. To the extent that the amount of the non-conforming capital expenditure is not to be recovered pursuant to Section 9, AGN will add that amount to its speculative capital expenditure account in accordance with the Rules.