✨ Commerce Act (Electricity Lines Thresholds) Notice 2003
6 JUNE NEW ZEALAND GAZETTE 1687
(c) has the necessary expertise to properly undertake an audit required by clause 7; but
(d) need not be the same person as the person who audits the accounts of the lines business for any other purpose
avoided transmission charge means, in relation to a lines business, any expense (including the cost of capital) of the lines business that arises from any generation or other activity which substitutes for use of the transmission system
base quantity means, for the purpose of calculating the notional revenue of a lines business, the annual quantity (for example, customer numbers, kWh, kVA, etc) corresponding to a price
consumer means—
(a) any person in New Zealand who is supplied, or who applies to be supplied, with electricity—
but does not include—
(b) any lines business or electricity retailer, except where the lines business or the electricity retailer is supplied, or applies to be supplied, with electricity for its own consumption and not for the purposes of resupply to any other person
customer—
(a) in the case of Transpower, means any entity in New Zealand that is connected to Transpower’s transmission system (which may include, but is not limited to, generators, lines businesses and consumers); and
(b) in the case of all lines businesses other than Transpower, means a consumer
EV means economic value
first assessment date means 6 September 2003
first reference date means the date during the period commencing on 8 August 2001 and ending on the publication date that results in the lowest value being assigned to notional revenue for that period for the lines business concerned
interruption, in relation to the conveyance of electricity to a customer by means of a prescribed voltage electric line, means the cessation of conveyance of electricity to that customer for a period of 1 minute or longer, other than by reason of disconnection of that customer—
(a) for breach of the contract under which the electricity is conveyed; or
(b) as a result of a request from the customer; or
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 62
Gazette.govt.nz —
NZ Gazette 2003, No 62
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Commerce Act (Electricity Lines Thresholds) Notice 2003
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