New Zealand Gazette – 2004 – No. 81

Page 2027

✨ Commerce Act Notice Continuation



30 JUNE 2004 NEW ZEALAND GAZETTE, No. 81 2027

minutes, of Transpower to 30 June 2003 (calculated in accordance with the right-hand side of the following expression):

(SM{2005} \leq \frac{\left(SM{1999} + SM{2000} + SM{2001} + SM{2002} + SM{2003}\right)}{5})

where:

(SM_{year}) is the total customer interruptions, calculated in system minutes,
for the period of 12 months ending on
30 June in that calendar year;

(c) customer communication: during the assessment period, Transpower is to—

(i) properly advise (or ensure that another person properly advises on its behalf) its customers about the price-quality trade offs available to them in relation to the goods and services provided by Transpower; and

(ii)    consult (or ensure that another person consults on its behalf) with its customers about the quality of goods and services that they require, with reference to the prices of those goods and services; and

(iii) properly consider the views expressed by customers during and after that consultation; and

(iv) adequately take these views into account when making its asset management decisions.

(2) If, during the assessment period, fixed assets used for providing specified services (or rights to such assets) are transferred between Transpower and a distribution business, then subclause (1)(a) and (b) will apply as if the transfer occurred on 30 June 1998.

(3) Despite the other provisions of this clause 6, if the Commission is satisfied that, because of lack of information, it is not practicable to determine whether Transpower has complied with subclauses (1) and (2), Transpower will be regarded as having complied with the quality threshold if it demonstrates beyond reasonable doubt, by use of an alternative approach that has equivalent effect to those subclauses, that the substance of those subclauses has been complied with.

7 Information Requirements

(1) The Commission hereby requires Transpower to publicly disclose and publish on the Internet, within 35 working days of the assessment date, the following statement and documents:



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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