Under Schedule 1E.1.2 of the SAU, the ACCC must publish an annual Long Term Revenue Constraint Methodology (LTRCM) determination in respect of the Annual Building Block Revenue Requirement, the Regulatory Asset Base and the Initial Cost Recovery Account for the Initial Regulatory Period.
In making its determination, the ACCC will assess whether NBN Co has complied with the relevant criteria, including prudency criteria, set out in the Special Access Undertaking (SAU).
NBN Co's regulatory information
On 31 October 2022, NBN Co lodged its submission of regulatory information for 2021-22, in accordance with Schedule 1F of NBN Co’s SAU. The regulatory information submitted by NBN Co will be used by the ACCC to inform its LTRCM determination for 2021-22 and to assess NBN Co’s compliance with the price controls set out in the SAU.
Public versions of NBN Co’s regulatory information documents are available below.
| Document title | Published date |
|---|---|
| NBN Co - SAU - 2021-22 Regulatory Information - Cover Letter ( PDF 168.34 KB ) | 4 November 2022 |
| NBN Co - SAU - 2021-22 Regulatory Information - LTRCM Supporting Submission ( PDF 453.39 KB ) | 4 November 2022 |
| NBN Co - SAU - 2021-22 Regulatory Information - Actual and Proposed Financial Information ( PDF 399.51 KB ) | 4 November 2022 |
| NBN Co - SAU - 2021-22 Regulatory Information - LTRCM Spreadsheet ( XLSX 7.71 MB ) | 4 November 2022 |
| NBN Co - SAU - 2021-22 Regulatory Information - Price Compliance ( XLSX 175.59 KB ) | 4 November 2022 |
ACCC preliminary view
On 14 December 2022, the ACCC notified NBN Co of its preliminary view in relation to the capital and operating expenditure amount proposed by NBN Co in its 2021-22 LTRCM proposal under clause 1E.1.2(c)(vii) of the SAU.
Provided that NBN Co has appropriately excluded capital expenditures that were funded by grants or other third party payments, the ACCC's view is that it does not intend to determine a substitute amount of capital expenditure in accordance with clause 1D.3.2(d) of the SAU or a substitute amount of operating expenditure in accordance with clause 1E.8.2(c) of the SAU.
The ACCC will consider NBN Co’s advice on its treatment of any such funding before publishing our draft determination.
| Document title | Published date |
|---|---|
| LTRCM 2021-22 - ACCC preliminary view note ( PDF 88.84 KB ) | 16 December 2022 |