✨ Electricity Distribution Thresholds
31 MARCH
NEW ZEALAND GAZETTE
943
SCHEDULE 2
Clause 7(1)(b)
FORM OF AUDITOR’S REPORT ON THRESHOLD COMPLIANCE STATEMENT
To the readers of the threshold compliance statement of [insert name of distribution business] for the assessment period ended on [insert assessment date].
I/We have examined the attached statement, which is a threshold compliance statement in respect of the price path threshold and the quality threshold prepared by [insert name of distribution business] for assessment as at [insert assessment date] and dated [insert date] for the purposes of information requirements set out in clause 7 of the Commerce Act (Electricity Distribution Thresholds) Notice 2004 (“the Notice”). In this report the attached statement is called “the threshold compliance statement”.
Directors’ Responsibilities
Directors of [insert name of distribution business] are responsible for the certification of the threshold compliance statement in accordance with the Notice.
Auditor’s Responsibilities
It is my/our responsibility to express an independent opinion (in the form prescribed in the Notice) on the threshold compliance statement and report my/our opinion to you.
I/We conducted my/our audit in accordance with the Auditing Standards issued by the Institute of Chartered Accountants of New Zealand.
Basis of Opinion – Price Path Threshold; Quality Threshold: SAIDI and SAIFI Statistics for the Assessment Period ended [insert assessment date]; and Quality Threshold: Customer Communication
My/Our audit included examination, on a test basis, of evidence relevant to the amounts and disclosures contained on pages [xx] of the threshold compliance statement and which relate to:
• the price path threshold set out in clause 5 of the Notice;
• the SAIDI and SAIFI statistics for the assessment period ended on [insert assessment date] which are relevant to those parts of the quality threshold that are set out in clauses 6(1)(a) and 6(1)(b) of the Notice; *[and]
• *[the customer communication part of the quality threshold set out in clause 6(1)(c) of the Notice.]
It also included assessment of the significant estimates and judgments, if any, made by [insert name of distribution business] in the preparation of the threshold compliance statement and assessment of whether the basis of preparation has been adequately disclosed.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2004, No 37
Gazette.govt.nz —
NZ Gazette 2004, No 37
✨ LLM interpretation of page content
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Electricity Distribution Thresholds Notice 2004
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🏭 Trade, Customs & Industry31 March 2004
Commerce Act, Electricity Distribution, Thresholds, Definitions, Specified Services, SAIFI, SAIDI, Interruptions, Transmission, Distribution