Malaysia legislation
Section 18
Section 18
(2)
In carrying out the review under subsection (1), the Authority shall have regard to—
(a)
the matters set out in subsection 3(3);
(b)
the ability of the feed-in approval holders to recover their initial investment on their renewable energy installations and receive satisfactory returns within a reasonable time;
(c)
the prevailing costs of equipping, constructing, operating and maintaining renewable energy installations utilising each particular renewable resource;
(d)
the efficiency of renewable energy installations utilising each particular renewable resource based on prevailing technology; and
(e)
any other factor deemed relevant by the Authority.
(3)
Upon completion of the review under subsection (1), the
Authority shall submit a report of the review to the Minister with or without recommendations for adjustments to the degression rates.
(4)
The Minister may, after considering the recommendations for adjustment to the degression rates made by the Authority under subsection (3), approve or refuse such recommendations.
(5)
If the Minister approves the recommendation made by the
Authority under subsection (4), he shall as soon as practicable, revise the degression rates.
Renewable Energy 23
(6)
The revised degression rates shall not apply to feed-in approval holders existing before the revised degression rates come into effect.
Recovery of moneys from Renewable Energy Fund