Malaysia legislation
Section 20
Section 20
(2)
In carrying out the review under subsection (1), the Commission shall have regard to —
(a)
the matters set out in subsection 5(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 utilizing each
21
particular renewable resource;
(d)
the efficiency of renewable energy installations utilizing each particular renewable resource based on prevailing technology;
and
(e)
any other factor deemed relevant by the Commission.
(3)
Upon completion of the review under subsection (1), the Commission 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 Commission under subsection (3), approve or refuse such recommendations.
(5)
If the Minister approves the recommendation made by the Commission under subsection (4), he shall as soon as practicable, revise the degression rates.
(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