Hunter Valley rail network annual compliance assessment 2023

Australian Rail Track Corporation (ARTC) is required to submit documentation detailing the roll forward of the RAB Floor Limit to the ACCC by 30 April each year, relating to the previous calendar year. However, under section 4.10(a1)(ii) of the HVAU (version 8) if, due to a delay in the finalisation of compliance assessments from previous years, it is not reasonably possible for ARTC to submit that information, then ARTC must give notice to the ACCC and Constrained Coal Customers of its indicative estimate of the total unders and overs amount for the relevant compliance year by 30 April of the following year.

On 11 April 2024 ARTC submitted the final report of the True-Up Test, in accordance with section 4.10A(j) of the HVAU. Grant Thornton concluded that ARTC has complied, in all material respects, with the requirements as measured by their obligations defined in Schedule 2 of the Access Holder Agreements for 2023.

ARTC's indicative estimate notice and True-Up Test audit report are available below.