Five year review of undertaking

ARTC is required to review the accepted access undertaking five years after the commencement date to determine whether any amendments to the undertaking are required as a result of changes to industry circumstances or Government legislation, rules, or regulations.

In October 2013, ARTC provided a letter to stakeholders describing the requirements and scope of the five year review and seeking their comments. Submissions closed on 29 November 2013. ARTC received seven submissions in response.

Revised variation

ARTC submitted a revised application to vary its accepted access undertaking to the ACCC. The proposed variation relates to an extension of the coverage of the HVAU to incorporate certain rail infrastructure between Gap and Turrawan.

Revised submission

ARTC submitted revised versions of its annual compliance documentation for the 2012 calendar year, replacing the submission and capital consultation documents that were initially provided by ARTC on 24 May 2013.

Application withdrawn

ARTC formally withdrew its proposed variation to include the Gap to Turrawan Segments on 20 February 2014. In its letter to the ACCC, ARTC indicated that it would continue consultation with the ACCC and stakeholders with the intention of submitting a revised variation application in the near future. 

Consultation paper

The ACCC issued a consultation paper calling for submissions on ARTC's application to vary the HVAU to include the characteristics of the Final Indicative Service and associated access charges. The ACCC also requested further information from ARTC.

Position paper

The ACCC has issued a position paper setting out its preliminary views on ARTC's application to extend the coverage of the HVAU to include Segments from Gap to Turrawan. The ACCC has also published a consultant's report by Marsden Jacob Associates reviewing the Depreciated Optimised Replacement Cost (DORC) valuation that was proposed by ARTC.