Rate regulator: Difference between revisions

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imported>Doug Williamson
(NEW ENTRY - Created in response to IFRS 14 to define terminology. Source: http://www.iasplus.com/en/st)
 
imported>Doug Williamson
(Classify page.)
 
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An authorised body empowered by statute or regulation to establish the rate or range of rates that bind an entity.  
An authorised body empowered by statute or regulation to establish the rate or range of rates or prices that may be charged by a regulated entity, for example an electricity supplier.  


The rate regulator may be a third-party body or a related party of the entity, including the entity's own governing board, if that body is required by statute or regulation to set rates both in the interest of customers and to ensure the overall financial viability of the entity.
 
The rate regulator may be a third-party body or a related party of the entity itself, including the entity's own governing board, if that body is required by statute or regulation to set rates both in the interests of customers and to ensure the overall financial viability of the entity.




==See also==
==See also==
* [[IFRS 14]]
* [[Rate regulation]]
* [[Rate regulation]]
* [[Regulatory deferral account]]
* [[Regulatory deferral account]]
* [[IFRS 14]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Latest revision as of 07:49, 2 July 2022

An authorised body empowered by statute or regulation to establish the rate or range of rates or prices that may be charged by a regulated entity, for example an electricity supplier.


The rate regulator may be a third-party body or a related party of the entity itself, including the entity's own governing board, if that body is required by statute or regulation to set rates both in the interests of customers and to ensure the overall financial viability of the entity.


See also