Decree amending the Decree on price ceiling regulation, etc. of the water sector
In executive order No. 173 of 27. February 2012 on price ceiling regulation, etc. of the water sector is amended as follows: 1. Article 5, paragraph 1, 4th paragraph, is replaced by the following:
» Hereafter shall be corrected for settlement of over-or under cover and Appendix of the expected 1:1 costs, estimated operating costs for achieving environmental and target service, expected net financial items, surcharges for planned investments, Appendix of realised investments, surcharge for historic investment, additional investment allowance, expected cancellation of significant costs which are included in the starting point of price ceilings, and the deduction of a general and an individual efficiency improvement requirements. '
2. Pursuant to section 12 shall be inserted: ' article 12 (a). A water undertaking shall in addition to the charges for the planned, conducted and historical investments are allocated a supplementary investment allowance, when cash flow from the miscellaneous charges for the planned, conducted and historic investment, see. sections 10-12, is not sufficient to be able to finance the mortgage company's leveraged investments and repayments on any additional loans that companies expect to record for payment of additional eligible investments, purchase of land, waste disposal activities that are taken out of service, and as a consequence the restoration, as well as to partial refund of the contributions by establishment of connection alternative disposal of roof and surface water.
(2). A water company is entitled to additional investment allowances in accordance with paragraph 1 when the company in connection with the alert to use for determining the company's price cap for the coming year, see. section 18, shall be forwarded by the evidence that the conditions set out in paragraph 1 are complied with.
(3). The size that the supplementary investment allowance shall be determined on the basis of budget figures disclosed by the company, without prejudice. (2). '
3. Article 24, paragraph 1 is replaced by the following:
» Water companies can only use the cash flow generated by the miscellaneous charges for the planned, conducted, historic investments and supplementary investment allowance as well as the correction of realised investments giving rise to, see. § 5 (2) and § § 10-12 a, and as income from connection contribution and from the sale of fixed assets gives rise to, see. Article 21, paragraph 4, to the financing of expenditure for investment. Cash flow from investment complements, mount contributions and the sale of fixed assets, in addition to the funding of additional eligible investments are also used for the purchase of land, for the disposal of assets that are taken out of service, and as a consequence the restoration, as well as to partial refund of the contributions by establishment of connection alternative disposal of roof and surface water. '
section 2 of the Ordinance shall enter into force on the 2. June 2012.
The Ministry of the environment, the 25. may 2012 Ida Auken/Helle Pilsgaard