New Zealand Gazette – 2003 – No. 62

Page 1692

✨ Commerce Act (Electricity Lines Thresholds) Notice 2003



1692 NEW ZEALAND GAZETTE No. 62

(iii) loss and constraint rentals; and

(iv) the settlement of financial transmission rights—

but does not include—

(v) any amounts described in subparagraphs (i), (ii), (iii) and (iv), if
the lines business demonstrates beyond reasonable doubt that
those amounts were passed on transparently to its customers
and/or electricity retailers;

(b) avoided transmission charges

Transpower means Transpower New Zealand Limited

unplanned interruption means any interruption in respect of which less than
24 hours’ notice, or no notice, was given, either to the public or to all customers
affected by the interruption.

(2) Terms used in this notice have, unless the context otherwise requires, the same
meanings as in the Act or in the Regulations.

4 Thresholds for declaration of control in relation to lines businesses

The Commission hereby sets the following thresholds for the declaration of
control in relation to lines businesses:

(a) a price path threshold as specified in clause 5:

(b) a quality threshold as specified in clause 6.

5 Price path threshold

(1) The price path threshold for lines businesses is as follows:

(a) notional revenue at the first assessment date: the notional revenue of
the lines business at the first assessment date (calculated in accordance
with the left-hand side of the following expression) is not to exceed the
minimum notional revenue of the lines business at any time during the
period commencing on 8 August 2001 and ending on the publication
date (calculated in accordance with the right-hand side of the following
expression):

$$
\sum P{i,2003} Q{i0} - C{T2003} - C{R2003} \leq \sum P{i,0} Q{i0} - C{T2002} - C{R2002}
$$

where:



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VUW Te Waharoa — PDF NZ Gazette 2003, No 62


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




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

🏭 Trade, Customs & Industry
Commerce Act, Electricity Lines, Thresholds, Notice, Definitions, Rates, Regulations, SAIDI, SAIFI, Assessment Dates, Specified Services