Common use of Issuing of Tax Invoices Clause in Contracts

Issuing of Tax Invoices. The Distributor must issue Tax Invoices for Distribution Services as follows: (a) the Distributor must invoice the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e)), the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Tax Invoice; (d) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice on the basis of that information, the Distributor must issue an Actual Invoice that replaces the Pro forma Invoice in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 includes revised reconciliation information or additional consumption information, the Distributor must provide a separate Credit Note or Debit Note to the Trader in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise); (g) if a Revision Invoice is required, the Distributor must issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; and (h) at the same time it provides a Revision Invoice, the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must issue Tax Invoices for Distribution Services as follows: (a) the Distributor must invoice the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e)), the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Tax Invoice; (d) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice on the basis of that information, the Distributor must issue an Actual Invoice that replaces the Pro forma Invoice in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 includes revised reconciliation information or additional consumption information, the Distributor must provide a separate Credit Note or Debit Note to the Trader in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment applying from the due date of the original invoice to the due date of the Revision Invoice (unless the parties agree otherwise); (g) if a Revision Invoice is required, the Distributor must issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; and (h) at the same time it provides a Revision Invoice, the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must will issue Tax Invoices for Distribution Services as follows: (a) the Distributor must will invoice the Trader Retailer within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e))a Tax Invoice, the Distributor must will provide to the TraderRetailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader Retailer to verify the accuracy of the Tax Invoice; (dc) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice estimated in accordance with clause 11.2 on the basis of that information, the Distributor must will issue an Actual Invoice that replaces the Pro forma Invoice a Credit Note or Debit Note in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader Retailer for its Distribution Services charges for that month;. (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 clause 11.1 includes revised reconciliation information or additional consumption information, the Distributor must will provide a separate Credit Note or Debit Note to the Trader Retailer in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise);, (ge) if a Revision Invoice is required, the Distributor must will issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader Retailer for its Distribution Services charges for that month; and (hf) at the same time it provides a Revision Invoice, the Distributor must will provide to the TraderRetailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader Retailer to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must will issue Tax Invoices for Distribution Services as follows: (a) the Distributor must will invoice the Trader Retailer within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e))a Tax Invoice, the Distributor must will provide to the TraderRetailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader Retailer to verify the accuracy of the Tax Invoice; (dc) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice estimated in accordance with clause 11.2 on the basis of that information, the Distributor must will issue an Actual Invoice that replaces the Pro forma Invoice a Credit Note or Debit Note in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader Retailer for its Distribution Services charges for that month;. (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 clause 11.1 includes revised reconciliation information or additional consumption information, the Distributor must provide may issue a separate Credit Note or Debit Note to the Trader Retailer in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise);, (ge) if a Revision Invoice is required, the Distributor must will issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader Retailer for its Distribution Services charges for that month; and (hf) at the same time it provides a Revision Invoice, the Distributor must will provide to the TraderRetailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader Retailer to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must will issue Tax Invoices for Distribution Services as follows: (a) the Distributor must will invoice the Trader Retailer within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e))a Tax Invoice, the Distributor must will provide to the TraderRetailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader Retailer to verify the accuracy of the Tax Invoice; (dc) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice estimated in accordance with clause 11.2 on the basis of that information, the Distributor must will issue an Actual Invoice that replaces the Pro forma Invoice a Credit Note or Debit Note in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader Retailer for its Distribution Services charges for that month;. (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 clause 11.1 includes revised reconciliation information or additional consumption information, the Distributor must will provide a separate Credit Note or Debit Note to the Trader Retailer in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise);, (ge) if a Revision Invoice is required, the Distributor must will issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader Retailer for its Distribution Services charges for that month; and (hf) at the same time it provides a Revision Invoice, the Distributor must will provide to the TraderRetailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader Retailer to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must issue Tax Invoices for Distribution Services as follows: (a) : the Distributor must will invoice the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) ; a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) ; at the same time as it provides an a Actual Invoice (under paragraph (a), (d), ) or (e)), the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Tax Invoice; (d) ; if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice on the basis of that information, the Distributor must will issue an Actual Invoice that replaces the Pro forma Invoice in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; (e) ; if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) ; if the information received by the Distributor in accordance with Schedule 2 includes revised reconciliation information or additional consumption information, the Distributor must provide a separate Credit Note or Debit Note to the Trader in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise); (g) ; if a Revision Invoice is required, the Distributor must issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; and (h) and at the same time it provides a Revision Invoice, the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must issue Tax Invoices for Distribution Services as follows: (a) the Distributor must invoice the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e)), the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Tax Invoice; (d) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice on the basis of that information, the Distributor must issue an Actual Invoice that replaces the Pro forma Invoice in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 includes revised reconciliation information or additional consumption information, the Distributor must provide a separate Credit Note or Debit Note to the Trader in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise); (g) if a Revision Invoice is required, the Distributor must issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; and (h) at the same time time, it provides a Revision Invoice, the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must issue Tax Invoices for Distribution Services as follows: : (a) the Distributor must invoice the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates; (; b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e))a Tax Invoice, the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Tax Invoice; ; (dc) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice estimated in accordance with clause 9.2 on the basis of that information, the Distributor must issue an Actual Invoice that replaces the Pro forma Invoice a Credit Note or Debit Note in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; (e) if the Tax Invoice is a Pro forma Invoice and paragraph ; (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 includes revised reconciliation information or additional consumption information, the Distributor must provide a separate Credit Note or Debit Note to the Trader in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment Adjustment; (unless the parties agree otherwise); (ge) if a Revision Invoice is required, the Distributor must issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its It is critical that invoices should always be supported by data that can be added to match the total of the invoice. Some distributors supply incomplete data so that it is not possible to reconcile the invoice. Others might supply data in a format that requires processing by the retailer to obtain the specific data that is used for the invoice. For example, Simply Energy has been asking one distributor for standard format consumption data to verify invoices. The distributor’s response was “four other retailers … have all built their own systems to verify the Network charges”. Rather than supplying the actual volume data used for the billing, the distributor’s response was: “All you have to do to determine the Day purchases –is apply the loss factors on each ICP (ignoring any adjustments) . If you want to calculate the Total purchases – use only ICP’s that are listed on the EIEP HHRAB file and then get the Total purchases from the HH files that you have forwarded to us and apply the loss rate.” This would be unacceptable in any other industry, and Simply Energy submits that it should unacceptable in the electricity industry. Data should always be provided to support any invoice, without exception. It should always be possible to obtain the invoice total by simple addition of the data provided. The values may be subject to additional verification through various calculations, but the very first step is that data provided should sum to the invoice total. Simply Energy therefore suggests that subclause (b) should be modified to read: b) at the same time as it provides a Tax Invoice, the Distributor must provide to the Trader, in a standard file Distribution Services charges for that month; and and (hf) at the same time it provides a Revision Invoice, the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Revision Invoice.. format compliant with the relevant EIEP, sufficiently detailed and complete information to enable the Trader to verify the accuracy of the Tax Invoice by simple addition; A subclause should also be added to provide the trader with the ability to dispute the invoice if insufficient information in the required form from the network Consultant Xxxxxx Xxxxxxx is a regulatory economist with over 20 years’ experience analysing complex economic and regulatory issues for energy-intensive, network and infrastructure industries. He also has 4 years’ experience working in the information technology industry. Xxxxxx has particular expertise in the electricity and telecommunications industries. He has advised on electricity transmission and distribution regulatory issues such as asset valuation, cost of capital, revenue requirements, pricing structure, and cash flow modelling. In addition to providing regulatory advice he has appeared as an expert witness in commercial arbitrations relating to New Zealand's electricity market, and developed expert evidence for a number of court cases. He has also advised firms in industries such as gas transmission and distribution, forestry, postal services, and rail networks. Xxxxxx’s previous employment includes the positions of Principal at CRA International, Senior Consultant at PHB Xxxxxx Xxxxxx Asia Pacific Ltd, Costing & Economics Manager at Telecom New Zealand Ltd, and Strategic Analyst and Pricing Analyst at Transpower New Zealand Ltd. Xx Xxxxxxx is located in Wellington, New Zealand. Xxxxxx is a member of the New Zealand Institute of Directors and a member of the New Zealand Safety Council. PROFESSIONAL HISTORY 2013 – current President, Fly DC3 New Zealand Inc Director, Flight 2000 Ltd 2010 – current Director, Aviation Safety Management Systems Ltd Senior Consultant, The Lantau Group 2008 – current Director, Xxxxxx Xxxxxxx Economic Consulting Ltd Senior Consultant, Oakley Greenwood Pty Ltd 2008 – 2010 Consultant, CRA International 2001 – 2008 Senior Associate, Associate Principal, and Principal, CRA International 1999 – 2000 Senior Consultant, PHB Xxxxxx Xxxxxx – Asia Pacific Ltd 1998 – 1999 Costing and Economics Manager, Network Group, Telecom New Zealand 1995 – 1998 Pricing Analyst and Strategic Analyst, Transmission Services, Transpower New Zealand Ltd 1995 Analyst Programmer, Foodstuffs (Wellington) 1993 – 1994 Study for Master of Arts 1990 – 1993 Analyst Programmer, Farmers’ Mutual Insurance Group SELECTED CONSULTING EXPERIENCE • Advising three Distributed Generation providers in negotiations concerning prices for connection to a distribution network. • For the Independent Electricity Generators Association of New Zealand, preparation of a submission to the New Zealand Electricity Authority on transmission pricing. • Advising Vector Ltd on various aspects of pricing for electricity distribution and gas transmission and distribution. • For Xxxxxx Electricity Ltd (BEL), valuing the benefit to BEL’s consumers of enhanced retail competition from BEL’s ownership stake in Pulse Energy. • For the Independent Electricity Generators Association of New Zealand, preparation of a report on Avoided Cost of Transmission (ACOT) payments for Distributed Generation. • For Contact Energy, preparation of a report analysing whether the balance of Transpower’s “economic value” (overs and unders) account was consistent with what would be expected in a workably competitive market. • Advising Unison Networks Ltd in its responses to the New Zealand Commerce Commission’s implementation of the price control provisions contained in the Commerce Amendment Act. • For Energex distribution network (Brisbane), development of a cost-based pricing model for regulated distribution services. This project also included the provision of advice on pricing policy, particularly with regard to developing prices that reflected the impact of demand growth on capital expenditure • On behalf of Unison Networks Ltd, preparation of a submission in response to the New Zealand Commerce Commission’s initial proposals for resetting the price path and quality thresholds in 2009. • Advising Vector Ltd on economic issues arising from the New Zealand Commerce Commission’s draft decisions on price control for gas distribution services. • For the Electricity Networks Association, preparation of a submission to the New Zealand Electricity Commission on Transpower’s proposed transmission pricing methodology, and on proposed changes to the Benchmark Transmission Agreements. • Preparation of a series of expert reports for Unison Networks Ltd in response to the New Zealand Commerce Commission’s draft intention to declare control of Unison, and for use by Unison in its subsequent Administrative Settlement negotiations. This work included analysis of the cost of capital, cash flows, financial ratios, and capital expenditure under various price control scenarios, as well valuation issues. • Advising a New Zealand electricity retailer and generator on economic issues related to the Ministerial Inquiry into the Wholesale Electricity Market. • For a New Zealand electricity lines business, providing expert testimony in a commercial contract arbitration on the relationship between transmission charges and embedded generation. • For the Electricity Networks Association, preparation of a submission to the New Zealand Electricity Commission on Transpower’s proposed transmission pricing methodology, and on proposed changes to the Benchmark Transmission Agreements. SELECTED PUBLIC CONSULTING REPORTS

Issuing of Tax Invoices. The Distributor must will issue Tax Invoices for Distribution Services as follows: (a) the Distributor must will invoice the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e))a Tax Invoice, the Distributor must will provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Tax Invoice;; [and] (dc) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice estimated in accordance with clause 11.2 on the basis of that information, the Distributor must will issue an Actual Invoice that replaces the Pro forma Invoice a Credit Note or Debit Note in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month;. (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 clause 11.1 includes revised reconciliation information or additional consumption information, the Distributor must will provide a separate Credit Note or Debit Note to the Trader in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise)Adjustment; (ge) if a Revision Invoice is required, the Distributor must will issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; and (hf) at the same time it provides a Revision Invoice, the Distributor must will provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must will issue Tax Invoices for Distribution Services as follows: (a) the Distributor must will invoice the Trader Retailer within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e))a Tax Invoice, the Distributor must will provide to the TraderRetailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader Retailer to verify the accuracy of the Tax Invoice;; and (dc) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice estimated in accordance with clause 11.2 on the basis of that information, the Distributor must will issue an Actual Invoice that replaces the Pro forma Invoice a Credit Note or Debit Note in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader Retailer for its Distribution Services charges for that month;. (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 clause 11.1 includes revised reconciliation information or additional consumption information, the Distributor must will provide a separate Credit Note or Debit Note to the Trader Retailer in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise);Adjustment (ge) if a Revision Invoice is required, the Distributor must will issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader Retailer for its Distribution Services charges for that month; and (hf) at the same time it provides a Revision Invoice, the Distributor must will provide to the TraderRetailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader Retailer to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must issue Tax Invoices for Distribution Services as follows: (a) the Distributor must invoice the Trader within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); orin (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”);, (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e)), the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Tax Invoice; (d) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice on the basis of that information, the Distributor must issue an Actual Invoice that replaces the Pro forma Invoice in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 includes revised reconciliation information or additional consumption information, the Distributor must provide a separate Credit Note or Debit Note to the Trader in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise); (g) if a Revision Invoice is required, the Distributor must issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; and (h) at the same time it provides a Revision Invoice, the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Revision Invoice.

Issuing of Tax Invoices. The Distributor must will issue Tax Invoices for Distribution Services as follows:: [The Retailer will provide consumption information, and the Distributor will obtain reconciliation information from the reconciliation manager and calculate Distribution Services charges payable by the Retailer, in accordance with the following: ¶ <#>the Distributor will arrange with the reconciliation manager for the reconciliation manager to provide the Distributor with reconciliation information attributable to the Retailer and other relevant information that, subject to paragraph (b), the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by Retailer. The Retailer will, if necessary, advise the reconciliation manager that the Retailer agrees to the Distributor obtaining its reconciliation information; ¶ <#>the Retailer will provide to the Distributor, within 5 Working Days after the end of each month, any information additional to that obtainable by the Distributor from the reconciliation manager that the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by Retailer. Such information will be provided using the appropriate EIEP; and¶ <#>the Distributor will calculate the charges based on the Tariff Rates that apply to each ICP to which the Tax Invoice relates.]¶ (a) the Distributor must will invoice the Trader Retailer within 10 Working Days after the last day of the month to which the Tax Invoice relates; (b) a Tax Invoice may either be: (i) calculated based on the information provided by the Trader in accordance with Schedule 2 (an “Actual Invoice”); or (ii) estimated in accordance with Good Electricity Industry Practice, including where clause 9.2 applies (a “Pro forma Invoice”); (c) at the same time as it provides an Actual Invoice (under paragraph (a), (d), or (e))a Tax Invoice, the Distributor must will provide to the TraderRetailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader Retailer to verify the accuracy of the Tax Invoice;; [and] (dc) if late, incomplete, or incorrect information is provided and the Tax Invoice is a Pro forma Invoice estimated in accordance with clause 11.2 on the basis of that information, the Distributor must will issue an Actual Invoice that replaces the Pro forma Invoice a Credit Note or Debit Note in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader Retailer for its Distribution Services charges for that month[.] [; (e) if the Tax Invoice is a Pro forma Invoice and paragraph (d) does not apply, the Distributor must, by no later than the same time as the Distributor issues a Tax Invoice under paragraph (a) to the Trader for its Distribution Services charges for the following month, issue an Actual Invoice that replaces the Pro forma Invoice as well as a Credit Note in relation to the Pro forma Invoice; (f) if the information received by the Distributor in accordance with Schedule 2 includes revised reconciliation information or additional consumption information, the Distributor must provide a separate Credit Note or Debit Note to the Trader in respect of the revised consumption information ("Revision Invoice"), and a Use of Money Adjustment (unless the parties agree otherwise); (g) if a Revision Invoice is required, the Distributor must issue the Revision Invoice in the month after the Distributor receives the revised reconciliation information or additional consumption information, at the same time as the Distributor issues a Tax Invoice to the Trader for its Distribution Services charges for that month; and (h) at the same time it provides a Revision Invoice, the Distributor must provide to the Trader, in accordance with the relevant EIEP, sufficiently detailed information to enable the Trader to verify the accuracy of the Revision Invoice.]