Act on compensation areas for wind energy (28.6.2013/490). Country/Territory Finland Document type Legislation Date 2013 Source FAO, FAOLEX Subject Energy Keyword Energy conservation/energy production Ecofriendly products/ecofriendly processes Royalties/fees Internal trade Geographical area Arctic, Europe, Europe and Central Asia, European Union Countries, North-East Atlantic, Northern Europe Entry into force notes 1 July 2013. Abstract This Act provides rules on the compensation areas for wind power, the construction of wind turbines within these and on charges thereof. The overall management, monitoring and development of activities under this Act shall be regulated by the Ministry of Employment and the Economy. The Energy Market Authority shall be responsible for fees payable under this Act and handles other duties as prescribed by this document. Fees are payable in five installments so that each of the items accounts for 20% of the entire due amount. The first payment shall occur within six months of notification. The second entry is due for payment on June 30 of the calendar year after the payment of the first entry. The amount to be paid is an amount equal to a specified percentage of the accrued fees that exceed the amount of compensation. The amount of this is determined by the wind power supplier has paid. On repayments, interests shall be added in adherence to article 22 of the Tax Collection Act (609/2005). Reconsideration of a decision on the amount of wind power charge entry and a decision on the amount of refund may be requested by the Energy Market Authority in adherence to the Administrative Procedure Act (434/2003). Full text Swedish Website www.finlex.fi References - Legislation Implemented by Act on Energy Authorities (13.12.2013/870). Legislation | Finland | 2013 Keyword: Ecofriendly products/ecofriendly processes, Emissions, Emissions trading, Environmental standards, Standards, Protection of environment, Inspection, Climate change, Energy conservation/energy production, Internal trade, Natural gas, Ozone layer, Renewable energy Source: FAO, FAOLEX