✨ Commerce Commission Notice
1706 NEW ZEALAND GAZETTE No. 62
EXPLANATORY NOTE
This note is not part of the notice, but is intended to indicate its general effect.
The purpose of this Gazette notice is to—
(a) set thresholds for the declaration of control in relation to large electricity lines businesses, pursuant to section 57G of the Commerce Act 1986; and
(b) require those businesses to make publicly available certain information relating to their operation and behaviour, pursuant to section 57T of that Act.
The Commission, having conducted a comprehensive process of consultation, has decided to set two thresholds – a price path threshold and a quality threshold. These two thresholds will underpin the achievement of the purpose of the targeted control regime.
The Commission’s thresholds are a screening mechanism. The Commission is required to assess one or more lines businesses and identify those that breach the thresholds and may further investigate their performance. Further investigation may lead to control of one or more lines businesses.
Further detail regarding the thresholds for the declaration of control in relation to large electricity lines businesses can be found in a Decision Paper (Regulation of Electricity Lines Businesses, Targeted Control Regime, Threshold Decisions), published by the Commission on 6 June 2003.
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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
✨ LLM interpretation of page content
🏭 Thresholds for Declaration of Control in Relation to Large Electricity Lines Businesses
🏭 Trade, Customs & IndustryCommerce Act, Electricity Lines Businesses, Control Thresholds, Price Path, Quality, Targeted Control Regime