The ACCC consented to ARTC’s application to vary the accepted access undertaking to extend coverage of the undertaking to include the Segments from Gap to Turrawan.
The ACCC has issued a consultation paper on ARTC's annual compliance submission relating to the 2013 calendar year.
ARTC initially provided its annual compliance documentation to the ACCC on 16 May 2014. The ACCC identified and brought to ARTC's attention some errors in the initial submission. ARTC subsequently provided revised versions of the documentation (where applicable) to the ACCC on 21 May 2014.
The accepted Hunter Valley Access Undertaking requires ARTC to submit documentation to the ACCC for the purposes of an annual compliance assessment. Section 4.10 and Schedule G of the undertaking requires the ACCC to determine whether ARTC has complied with the financial model and pricing principles specified in the undertaking and whether there has been any under or over recovery of revenue from users that needs to be reconciled.
In April 2014, ARTC provided a letter to the ACCC detailing the outcome of the five year review of the Interstate access undertaking.
ARTC is required to review the accepted access undertaking five years after the commencement date to determine whether any amendments to the undertaking are required as a result of changes to industry circumstances or Government legislation, rules, or regulations.
In October 2013, ARTC provided a letter to stakeholders describing the requirements and scope of the five year review and seeking their comments. Submissions closed on 29 November 2013. ARTC received seven submissions in response.
The ACCC issued a consultation letter inviting submissions from interested parties on the revised application.
ARTC submitted a revised application to vary its accepted access undertaking to the ACCC. The proposed variation relates to an extension of the coverage of the HVAU to incorporate certain rail infrastructure between Gap and Turrawan.
The ACCC released a determination that ARTC's revised submission dated 26 February 2014 complied with requirements of the Hunter Valley access undertaking.
ARTC submitted revised versions of its annual compliance documentation for the 2012 calendar year, replacing the submission and capital consultation documents that were initially provided by ARTC on 24 May 2013.