New Zealand Gazette – 2003 – No. 62

Page 1688

✨ Commerce Act Definitions



1688

NEW ZEALAND GAZETTE

No. 62

(c) as a result of a request by the customer’s retailer; or

(d) for the purpose of isolating an unsafe installation

interruption duration factor, in relation to an interruption, means the sum obtained by calculating, for each customer that is affected by that interruption, the duration (in minutes) of that interruption, and adding together the results of those calculations

lines business means a large electricity lines business as defined in section 57D of the Act

network connection point, in relation to a lines business other than Transpower, means a point where a supply of electricity may flow between the electric lines of that lines business and the electrical installation of a customer, but excluding points where there is no meter at that point or downstream from that point

notional revenue means, in relation to a lines business—

(a) the summation, across all prices, of the product of price and base quantity—

less—

(b) pass-through costs

pass-through costs, for any period, means—

(a) for a lines business other than Transpower, the transmission charges and any rates paid or payable by the lines business for that period; and

(b) for Transpower, any rates paid or payable by Transpower for that period

prescribed voltage electric line means an electric line that is capable of conveying electricity at a voltage equal to or greater than 3.3 kilovolts

price means a posted price in nominal terms (such as a tariff, fee or charge) or a component thereof, that a lines business charges in relation to a specified service

publication date means the day on which this notice is published in the New Zealand Gazette

publicly disclose, in relation to any information required by this notice to be made available, means to make that information available in the following ways:

(a) by making copies of that information available for inspection, during ordinary office hours, at the principal office of the person making the information available; and

(b) at the request of any person, by providing the person with a copy of that information (either free of charge or for a charge that is reasonably required to recover the cost of providing that copy, as set out in section 57W of the Act) either—

(i) by post; or



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 62


Gazette.govt.nz — PDF NZ Gazette 2003, No 62




✨ LLM interpretation of page content

🏭 Commerce Act (Electricity Lines Thresholds) Notice 2003 (continued from previous page)

🏭 Trade, Customs & Industry
Commerce Act, Electricity Lines, Thresholds, Notice, Definitions