New Zealand Gazette – 2007 – No. 126

Page 3274

✨ Notice of Exemption



3274

NEW ZEALAND GAZETTE, No. 126

20 NOVEMBER 2007

NOTICE OF EXEMPTION—LLOYD MORRISON

The Commerce Commission ("Commission"), pursuant to section 81 of the Electricity Industry Reform Act 1998 ("the EIR Act"), exempts Lloyd Morrison from compliance with section 17 of the EIR Act in respect of the cross-involvement (as that term is defined in the EIR Act) with Wellington International Airport Limited (for so long as Wellington International Airport Limited continues to be a supply business) and TrustPower Limited that would be created through his appointment to the position of director of Auckland International Airport Limited outlined in his application for exemption registered by the Commission on 15 October 2007.

The exemption is subject to the following conditions:

(a) Whilst Lloyd Morrison is cross-involved with TrustPower Limited and Auckland International Airport Limited, Lloyd Morrison shall not participate in any discussions or decision making by TrustPower Limited and/or Auckland International Airport Limited regarding matters that relate to or could affect or favour the supply of electricity by TrustPower Limited (or disadvantage any other electricity supply business other than TrustPower Limited) on Auckland International Airport Limited’s electricity distribution network or the provision of electricity lines services by Auckland International Airport Limited to TrustPower Limited, including:

(i) the selection of, and any negotiation with, any electricity retailer for the supply, or intended supply, of electricity to Auckland International Airport Limited;
and

(ii) the supply, or intended supply, of electricity by TrustPower Limited to any new, or existing, consumers on Auckland International Airport Limited’s electricity distribution network;

and shall not disclose the outcomes of any discussions or decision making by Auckland International Airport Limited to TrustPower Limited (and vice versa) on those matters; and

(b) this exemption is specific to the cross-involvements created through Lloyd Morrison’s involvement in Auckland International Airport Limited. It does not extend to any other interest or existing or future cross-involvement of Lloyd Morrison.

The exemption takes effect from the date of publication of this notice in the New Zealand Gazette.

The Commission may vary or revoke the exemption in accordance with s 81(5) of the EIR Act.

PUBLISHED BY THE
DEPARTMENT OF INTERNAL AFFAIRS
PRINTED BY WICKLIFFE LIMITED

ISSN 0111-5650
ISSN 1177-8415

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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2007, No 126


Gazette.govt.nz — PDF NZ Gazette 2007, No 126




✨ LLM interpretation of page content

🏭 Exemption from Electricity Industry Reform Act 1998

🏭 Trade, Customs & Industry
Commerce Commission, Exemption, Electricity Industry Reform Act 1998, Lloyd Morrison, Wellington International Airport Limited, TrustPower Limited, Auckland International Airport Limited
  • Lloyd Morrison, Exempted from compliance with section 17 of the EIR Act

  • Commerce Commission