New Zealand Gazette – 2006 – No. 64

Page 1536

✨ Commerce Act Notice Continuation



1536 NEW ZEALAND GAZETTE, No. 64 23 JUNE 2006

(5) An auditor’s report given for the purposes of subclause (1)(b) may be qualified only if—

(a) the auditor considers that the threshold compliance statement concerned—

    (i) fails to comply with this clause 7; or

    (ii)    fails to give a true and fair view of the matters to which it relates (having regard to any information or explanations that may have been provided by the directors of Transpower); and

(b) the auditor’s report explains with full reasons the respects in which the statement so fails.

(6) Under (and without limiting) section 57U of the Act—

(a) Transpower must supply to the Commission, within the period specified by the Commission, all further statements, reports, agreements, particulars, or other information requested by the Commission in writing under that section; and

(b) if any further statements, reports, agreements, particulars, or other information are required to be supplied by Transpower to the Commission under that section, the Commission may require that information to be verified by statutory declaration by a director of Transpower in the form set out in Schedule 3 and may also require Transpower to have that information reported on by an auditor.

(7) Copies of this notice are available for inspection free of charge at the Commission (during ordinary office hours) and on the Internet, or for purchase at a reasonable price at the Commission.

(8) When Transpower publishes any information on the Internet as required under subclause (1), it must also publicly disclose the Uniform Resource Locator (URL) of the Internet site where that information can be found.

(9) The Commission may at any time by written notice to Transpower:

(a) exempt Transpower from any or all of the provisions of this clause, for a period and on such terms and conditions as the Commission specifies in the notice:

    (i) in respect of which a control declaration is in force; or

    (ii)    in respect of which an administrative settlement (being an agreement made between the Commission and Transpower


Next Page →



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, Electricity, Definitions, Pricing, Public Disclosure, Rates, Reference Date, Unplanned Interruptions, Customer Interruptions, Customer Communication