The Authority has reviewed the DAAU and accepts that it provides for DBCT Management to fully pass through the QCA's regulatory fee to terminal access holders through an amendment to its ARR. Given this, and the lack of stakeholder submissions, on 21 July 2011 we made a final decision to approve DBCT Management’s DAAU.
On 11 August 2011, DBCT Management formally requested that the Authority approve an amendment to the 2010-11 and 2011-12 annual revenue requirements (ARRs) for DBCT to take account of the increase in the Authority’s regulatory fee, effective from 1 July 2010.
We have considered DBCT Management's submission and has concluded that DBCT Management appropriately adjusted the ARRs and tariffs to reflect the change in the QCA fees.
On this basis, the QCA accepts the proposed ARR adjustment, namely:
for 2010-11 through a one-off payment of $1,000,416 from users
for 2011-12 through a combination of;
a one-off payment of $179,022 from users, for the period 1 July to 31 August 2011
an increase in the regulated revenues (from $246,117,230 to $247,191,363) and tariff (from $2.9016/tonne to $2.9143/tonne), to take effect from 1 September 2011.