New Zealand Gazette – 2004 – No. 81

Page 2021

✨ Commerce Act Definitions



30 JUNE 2004

NEW ZEALAND GAZETTE, No. 81

distribution business means a lines business (other than Transpower)

Electricity Commission levy, in relation to Transpower, means an industry levy paid or payable by Transpower in accordance with section 172ZC of the Electricity Act 1992

EV means economic value

excluded services means, in relation to Transpower, the goods and services referred to in paragraphs (c) to (i) of the definition of specified services

initial notice means the Commerce Act (Electricity Lines Thresholds) Notice 2003

interruption, in relation to the conveyance of electricity to a customer by means of a prescribed voltage electric line, means the cessation of conveyance of electricity to that customer for a period of 1 minute or longer, other than by reason of disconnection of that customer—

(a) for breach of the contract under which the electricity is conveyed; or

(b) as a result of a request from the customer; or

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

(d) for the purpose of isolating an unsafe installation

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

national grid means the fixed assets used or owned by Transpower for the purpose of conveying electricity

notional revenue means, in relation to Transpower, revenue less pass-through costs

pass-through costs means—

(a) the rates and Electricity Commission levies paid or payable by Transpower for the assessment period—

but does not include—

(b) any amounts described in paragraph (a) if Transpower demonstrates beyond reasonable doubt that those amounts were passed on transparently to its customers

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



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 81


Gazette.govt.nz — PDF NZ Gazette 2004, No 81




✨ LLM interpretation of page content

🏭 Commerce Act (Transpower Thresholds) Notice 2004 (continued from previous page)

🏭 Trade, Customs & Industry
Commerce Act, Transpower, Thresholds, Notice, Definitions