Document ID: chunk:federal_register_of_legislation:F2020C00877:reg:3:p2
Version: federal_register_of_legislation:F2020C00877
Segment Type: reg
Provision Reference: reg 3 (pt 2/5)
Character Range: 10497–13105

managed water resources means all water resources that are—
 (a) Basin water resources;
 (b) water resources (not being Basin water resources) in a referring State, or part of a referring State, if—
 (i) a law of the referring State provides that section 100B of the Act applies to the State, or that part of the State; and
 (ii) the regulations under the Act provide that section 100B of the Act applies to the State, or that part of the State;
 (c) water resources (not being Basin water resources) in the Northern Territory, or a part of the Northern Territory, if—
 (i) a law of the Northern Territory provides that section 100B of the Act applies to the Territory, or that part of the Territory; and
 (ii) the regulations provide that section 100B of the Act applies to the Northern Territory, or that part of the Northern Territory—
but does not include water resources that are prescribed for the purposes of paragraph 100B(3)(a) of the Act.
member owned operator has the meaning given by rule 5.
Part 6 operator: see rule 23.
Part 7 operator: see rule 45.
planning and management charge means a charge of the kind referred to in paragraph 91(1)(c) of the Act that is determined by or on behalf of an agency of the Commonwealth or an agency of a State excluding charges determined by a local government body.
regulatory asset base means the value determined in accordance with Schedule 2.
regulatory event means:
 (a) a change to the regulatory requirements imposed on an infrastructure operator relating to the provision of an infrastructure service; or
 (b) the determination or approval by the ACCC or by an agency of a State under a law of the State of regulated water charges incurred by an infrastructure operator;
but does not include a requirement to pay a fine, penalty or compensation in relation to a breach of any law.
regulatory period, for a Part 6 operator, means the first regulatory period or a subsequent regulatory period, where:
 (a) the first regulatory period for the operator begins on the regulatory start date for the operator; and
 (b) each subsequent regulatory period begins when the previous one ends; and
 (c) the length of a regulatory period is:
 (i) if the ACCC has set a length for the period under rule 24—that length; or
 (ii) otherwise—3 years.
Note 1: If the operator ceases to be a Part 6 operator, the operator continues to be treated as one for the remainder of its current regulatory period, but has no further regulatory periods—see rule 23D.
Note 2: See the transition provision in rule 81 for the regulatory period for an infrastructure operator that was a