Section 1 definitions of "F2022", "F2023", "trade income", "trade income deferral account" and "transfer pricing agreement" were added by BC Reg 88/2021, effective March 22, 2021.
Section 1 definitions of "F2026" and "F2027" were added by BC Reg 236/2024, effective July 15, 2024.
Section 3 BEFORE amended by BC Reg 88/2021, effective March 22, 2021.
Basis for establishing authority revenue requirements
3 In regulating and setting rates for the authority for F2020 and F2021, the commission must ensure that those rates allow the authority to collect sufficient revenue in each fiscal year to enable the authority to achieve an annual rate of return on deemed equity that would yield a distributable surplus of $712 million.
Section 3 BEFORE amended by BC Reg 56/2022, effective March 7, 2022.
Basis for establishing authority revenue requirements
3 In regulating and setting rates for the authority for F2020, F2021, F2022 and F2023, the commission must ensure that those rates allow the authority to collect sufficient revenue in each fiscal year to enable the authority to achieve an annual rate of return on deemed equity that would yield a distributable surplus of $712 million.
[am. B.C. Reg. 88/2021, s. 3.]
Section 3 BEFORE amended by BC Reg 236/2024, effective July 15, 2024.
Basis for establishing authority revenue requirements
3 In regulating and setting rates for the authority for F2020, F2021, F2022, F2023, F2024 and F2025, the commission must ensure that those rates allow the authority to collect sufficient revenue in each fiscal year to enable the authority to achieve an annual rate of return on deemed equity that would yield a distributable surplus of $712 million.
[am. B.C. Regs. 88/2021, s. 3; 56/2022, s. 2.]