Document ID: chunk:federal_register_of_legislation:F2020C00877:clause:1_7
Version: federal_register_of_legislation:F2020C00877
Segment Type: clause
Provision Reference: sch 1 cl 7
Character Range: 128985–130192

7  Renewals annuity
  If the Part 6 operator uses a renewals annuity to fund capital or operating expenditure for the provision of infrastructure services, details of the annuity including:
 (a) in respect of each year of the regulatory period that is set to expire:
 (i) the nature of the assets included in the annuity calculation;
 (ii) the basis of the long term capital expenditure forecasts that supported the annuity calculation—when and on what basis the forecasts were made;
 (iii) the service levels that underpinned the capital expenditure forecasts;
 (iv) the term of the annuity;
 (v) the discount rate used to calculate the annuity;
 (vi) from the above, the actual balance of the annuity; and
 (b) in respect of each year of the following regulatory period:
 (i) the nature of the assets included in the annuity calculation;
 (ii) the basis of the long term capital expenditure forecasts that support the annuity calculation—when and on what basis the forecasts are made;
 (iii) the service levels that underpin the capital expenditure forecasts;
 (iv) the term of the annuity;
 (v) the discount rate used to calculate the annuity;
 (vi) from the above, the forecast balance of the annuity.