Commonwealth Consolidated Acts(1) There are 2 different types of renewable energy shortfall statement :
(a) a large-scale generation shortfall statement (see subsections (2) and (3)); and
(b) a small-scale technology shortfall statement (see subsections (4) and (5)).
Large-scale generation shortfall statement
(2) A liable entity that has a large-scale generation shortfall for a year (the assessment year ) must lodge a large-scale generation shortfall statement for the year on or before:
(a) 14 February in the next year; or
(b) any later day allowed by the Regulator.
(3) The statement must set out:
(a) the name and postal address of the liable entity; and
(b) the liable entity's large-scale generation shortfall for the assessment year; and
(c) the amount of any carried forward shortfall or carried forward surplus that the liable entity had for the previous year; and
(d) either:
(i) the amount of carried forward shortfall that the liable entity has for the assessment year; or
(ii) the amount of large-scale generation shortfall charge that is payable by the liable entity for the assessment year; and
(e) any other information required by the regulations.
Small-scale technology shortfall statement
(4) A liable entity that has a small-scale technology shortfall for a year (the assessment year ) must lodge a small-scale technology shortfall statement for the year on or before:
(a) 14 February in the next year; or
(b) any later day allowed by the Regulator.
(5) The statement must set out:
(a) the name and postal address of the liable entity; and
(b) the liable entity's small-scale technology shortfall for the assessment year; and
(c) the amount of small-scale technology shortfall charge that is payable by the liable entity for the assessment year; and
(d) any other information required by the regulations.
General requirements for statements
(6) A statement under this section must:
(a) be in a form approved by the Regulator; and
(b) be lodged with the Regulator in accordance with the regulations; and
(c) be signed by or on behalf of the liable entity making the statement.
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