Document ID: chunk:federal_register_of_legislation:F2022C00487:reg:30
Version: federal_register_of_legislation:F2022C00487
Segment Type: reg
Provision Reference: reg 30
Character Range: 20136–21392

30                    To help a user of the financial statements assess the nature of, and the risks associated with, the entity's rate-regulated activities, an entity shall, for each type of rate-regulated activity, disclose:
(a) a brief description of the nature and extent of the rate-regulated activity and the nature of the regulatory rate-setting process;
(b) the identity of the rate regulator(s). If the rate regulator is a related party (as defined in AASB 124 Related Party Disclosures), the entity shall disclose that fact, together with an explanation of how it is related;
(c) how the future recovery of each class (ie each type of cost or income) of regulatory deferral account debit balance or reversal of each class of regulatory deferral account credit balance is affected by risks and uncertainty, for example:
(i)                     demand risk (for example, changes in consumer attitudes, the availability of alternative sources of supply or the level of competition);
(ii)                   regulatory risk (for example, the submission or approval of a rate-setting application or the entity's assessment of the expected future regulatory actions); and
(iii)                 other risks (for example, currency or other market risks).