True Up Test Review17 Sep 2014

Under section 13.4 of the HVAU, ARTC is obliged to conduct a review of the operation and effectiveness of the system wide True Up Test that is set out in Schedule 2 of the Indicative Access Holder Agreement.

On 5 September 2014, ARTC notified the ACCC that it had finalised its review in line with its obligations under the HVAU. As a result of this process, ARTC has decided not to propose a variation to the HVAU in response to the matters raised by stakeholders.

The report setting out ARTC’s reasons for this decision is attached below. Stakeholder submissions are included in the final report.

ARTC has stated that it intends to develop a performance incentives proposal for the HVAU now that the True Up Test review is finalised.