Commerce Act Notice




928 NEW ZEALAND GAZETTE No. 37

COMMERCE ACT (ELECTRICITY DISTRIBUTION THRESHOLDS) NOTICE 2004

Pursuant to Part 4A of the Commerce Act 1986, the Commerce Commission ("the Commission") gives the following notice.

NOTICE

1 Title

This notice may be cited as the Commerce Act (Electricity Distribution Thresholds) Notice 2004.

2 Commencement

This notice comes into force on 1 April 2004.

3 Interpretation

(1) In this notice, unless the context otherwise requires—

Act means the Commerce Act 1986

assessment means assessment under section 57H(a) of the Act

assessment date means a date as at which distribution businesses are to be assessed against a threshold, being 31 March of each of the years 2005 to 2009 inclusive

assessment period means the period of 12 months ending on an assessment date

auditor, in relation to a distribution business, means a person who—

(a) is qualified for appointment as auditor of a company under the Companies Act 1993; and

(b) has no relationship with, or interest in, the distribution business, being a relationship or interest that is likely to involve that person in a conflict of interest; and

(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 distribution business for any other purpose



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2004, No 37


Gazette.govt.nz PDF NZ Gazette 2004, No 37





✨ LLM interpretation of page content

🏭 Electricity Distribution Thresholds Notice 2004 (continued from previous page)

🏭 Trade, Customs & Industry
Commerce Act, Electricity Distribution, Thresholds
  • Commerce Commission