New Zealand Gazette – 2004 – No. 81

Page 2024

✨ Commerce Act Regulations



2024

NEW ZEALAND GAZETTE, No. 81

30 JUNE 2004

(b) new investment (if not excluded from the definition of specified services
by paragraph (h) or (i) of the definition of that term); and

(c) the provision of system operator services; and

(d) loss and constraint rentals; and

(e) the settlement of financial transmission rights

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 Requirements.

4 Thresholds for declaration of control in relation to Transpower

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

(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 Transpower is as follows:

(a) notional revenue at the assessment date: the notional revenue (excluding
any EV adjustment charges) of Transpower at the assessment date
(calculated in accordance with the numerator of the left-hand side of the
following expression) is not to exceed the allowable notional revenue
(excluding any EV adjustment charges) of Transpower under the CPI-X
price path at the assessment date (calculated in accordance with the
denominator of the left-hand side of the following expression):

(\frac{NR_t}{R_t} \leq 1)

where:

t dnotes the calendar year during which the assessment date
occurs;



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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, Pass-through costs, Public disclosure, Rates, Revenue, Specified services