New Zealand Gazette – 2006 – No. 64

Page 1526

✨ Commerce Act Notice



1526 NEW ZEALAND GAZETTE, No. 64 23 JUNE 2006

COMMERCE ACT (TRANSPOWER THRESHOLDS) NOTICE 2006

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 (Transpower Thresholds) Notice 2006.

2 Commencement

This notice comes into force on 1 July 2006.

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 the date as at which Transpower is to be assessed against a threshold, being 30 June 2007

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

auditor, in relation to Transpower, 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, Transpower, 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 Transpower for any other purpose

base quantity means, for the purpose of calculating the revenue of Transpower, the annual quantity corresponding to a price

customer means, in the case of Transpower, any generator, lines business, consumer, or other entity in New Zealand that is connected, or applies to be connected, to the national grid



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2006, No 64


Gazette.govt.nz — PDF NZ Gazette 2006, No 64




✨ LLM interpretation of page content

🏭 Commerce Act (Transpower Thresholds) Notice 2006 (continued from previous page)

🏭 Trade, Customs & Industry
23 June 2006
Commerce Act, Transpower, Thresholds, Notice
  • Commerce Commission