Final Determination23 Dec 2019
On 23 December 2019, the ACCC released its final determination on ARTC's compliance for the 2016 calendar year.
The Commission has been notified by ARTC that it considers the 2016 Compliance Assessment should also include an amount for “backdating” the application of the cost allocation framework in Schedule I (as well as the rate of return and remaining mine life). Given the significant payments due to Hunter Valley Access Holders, ARTC advises that it does not wish the ACCC to defer its 2016 Compliance Assessment decision but will be consulting with stakeholders in 2020 on the optimal method to address this issue.