Rail

Position paper

On 1 August 2014, the ACCC issued a position paper setting out its preliminary views on ARTC's application to vary the HVAU to include the characteristics of the Final Indicative Services and associated access charges.

Compliance submission

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.

Annual compliance assessment 2013

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.

Five year review of 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.

Revised variation

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.