New Zealand Gazette – 2007 – No. 75

Page 1919

✨ Commerce Act Notice



29 JUNE 2007 NEW ZEALAND GAZETTE, No. 75 1919

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

SM2008 ≤ (\frac{SM{1999} + SM{2000} + SM{2001} + SM{2002} + SM_{2003}}{5})

where:

SMyear 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:

(a) A written statement that—

    (i) confirms Transpower’s compliance, or otherwise, with the price path
        threshold, and includes evidence to this effect in the form of revenues,
        notional revenues, prices (including each charge or rate referred to in
        paragraph (a)(i) to (iv) of the definition of price stated separately for


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2007, No 75


Gazette.govt.nz — PDF NZ Gazette 2007, No 75




✨ LLM interpretation of page content

🏭 Commerce Act (Transpower Thresholds) Notice 2007 (continued from previous page)

🏭 Trade, Customs & Industry
Commerce Act, Transpower, Thresholds, Notice, 2007, Definitions, Electricity Industry