Common use of Treatment of Capital Expenditure in January Clause in Contracts

Treatment of Capital Expenditure in January. 2022 to June 2023‌ In rolling forward the Capital Base, the estimated capital expenditure for the period January 2022 to June 2023 is as set out in the Roll Forward Model as approved in the AER’s final decision. Prior to commencement of the Seventh Access Arrangement Period, the actual capital expenditure for that period will be known. Any difference between the estimated capital expenditure and actual capital expenditure for the period January 2022 to June 2023 is to be taken into account when the roll-forward occurs at the next review, prior to the commencement of the Seventh Access Arrangement Period, in accordance with Rule 77(2)(a).

Treatment of Capital Expenditure in January. 2022 to June 2023‌ 2023 In rolling forward the Capital Base, the estimated capital expenditure for the period January 2022 to June 2023 is as set out in the Roll Forward Model as approved in the AER’s final decision. Prior to commencement of the Seventh Access Arrangement Period, the actual capital expenditure for that period will be known. Any difference between the estimated capital expenditure and actual capital expenditure for the period January 2022 to June 2023 is to be taken into account when the roll-forward occurs at the next review, prior to the commencement of the Seventh Access Arrangement Period, in accordance with Rule 77(2)(a).