Common use of Increase in Charges Clause in Contracts

Increase in Charges. The Charges may be increased, at the Company’s option, in accordance with the then-current rate review formula or in accordance with the Consumer Price Index published by the Australian Bureau of Statistics effective on either the Contract anniversary date, or the 1st January each year. If there is no Proposal in place between the parties, then the Company’s then-current rates, as set from time to time at the discretion of the Company, and as notified in writing, apply.

Increase in Charges. The Charges may be increased, at the Company’s option, in accordance with the then-current rate review formula or in accordance with the Consumer Price Index published by the Australian Bureau of Statistics effective on either the Contract anniversary date, or the 1st January each yearStatistics. If there is no Proposal in place between the parties, then the Company’s then-then- current rates, as set from time to time at the discretion of the Company, and as notified in writing, apply.