GENERAL NOTICE

NOTICE 276 OF 1998

Government Gazette, Vol. 393, No. 18726, 3 March 1998

DEPARTMENT OF MINERALS AND ENERGY

ELECTRICITY ACT, 1987 (AS AMENDED) (ACT No. 60 of 1995)

LICENCE FEES PAYABLE BY LICENSED GENERATORS OF ELECTRICITY

Notice is hereby given that the Minister of Minerals and Energy intends, in terms of section 5B (2) of the Electricity Act, 1987 (as amended) (Act No. 60 of 1995), to prescribe licence fees which shall be payable for the period of 1 April 1998 to 31 March 1999 by licensed generators of electricity to fund the operations of the National Electricity Regulator (NER).

The amount and composition of the fees, based on the business plan and budget of the NER submitted in terms of section 5B (5) (b) of the said Act and approved by the NER, are as follows:-

CALCULATION OF LEVY ON ELECTRICITY GENERATED

Nett electricity generated and supplied in 1997 (GWh) 197 151
Budget of NER for 1998/99 R20 830 837,00
Minus surplus income in 1997/98 R3 600 788,00
Levy income required R17 230 049,00
Levy c/kWh 0,00919

The motivation for the above licence fees is to fund the functions of the NER for 1998/99 financial year.

Concerned parties are invited to comment on the imposition of the licence fees within 14 days from the date of publication hereof by telefax to— Deputy Director-General: Energy Department of Minerals and Energy Fax (012) 322-5224.

If more information is needed on the business plan and budget of the NER, copies are available from

Dr Wolsey Bamard, Room C4042, Department of Minerals and Energy, 234 Visagie Street, Pretoria, or tel. (012)