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Section 10

Payment of shortfall

of Sabah Renewable Energy Recovery Moneys Distribution Licensee Rules 2024

State Subsidiary LegislationIn forceProvision 10 of 11
Section 10
(1)

If the Commission discovers that there has been a shortfall in the payment to a distribution licensee from the Fund, the Commission shall, as soon as possible,

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notify the distribution licensee in writing of the shortfall in the payment and pay the shortfall without interest to the distribution licensee within thirty days from the date of the shortfall being discovered by the Commission.

(2)

If a distribution licensee discovers that there has been a shortfall in the payment to it from the Fund, the distribution licensee may notify the Commission in writing, as soon as possible, of the shortfall in the payment and such shortfall shall be paid by the Commission without interest to the distribution licensee within thirty days from the date of the shortfall being verified by the Commission.