Commerce Act Notice




2794 NEW ZEALAND GAZETTE, No. 106 27 JUNE 2008

COMMERCE ACT (TRANSPOWER THRESHOLDS) NOTICE 2008

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 2008.

2 Commencement

This notice comes into force on 1 July 2008.

3 Interpretation

(1) In this notice, unless the context otherwise requires—

AC means high voltage alternating current but for the purposes of this notice includes low voltage alternating current

AC customer means, in relation to an assessment period, any customer by or to whom AC transmission charges are payable in the relevant pricing year

AC forecast revenue requirement means, in relation to an assessment period, the amount determined by Transpower in a manner consistent with Schedule 1, prior to the start of the relevant pricing year, using forecast data for the assessment period and including any EV adjustment for the purposes of determining and recovering AC transmission charges applicable to the relevant pricing year

AC or HVDC forecast revenue requirement means the AC forecast revenue requirement or HVDC forecast revenue requirement, as the case may be

AC or HVDC year end revenue requirement means the AC year end revenue requirement or HVDC year end revenue requirement, as the case may be

AC revenue means, in relation to an assessment period, the summation of all AC transmission charges (inclusive of any rebates) for the relevant pricing year

Act means the Commerce Act 1986

AC transmission charge means, in relation to an assessment period, any charge payable to Transpower by AC customers in respect of the use by Transpower of Transpower’s AC transmission system for the purpose of providing specified services to customers.

AC year end revenue requirement means, in relation to an assessment period, the AC forecast revenue requirement for that assessment period redetermined in a manner consistent with Schedule 1 as at the end of the assessment period, excluding the EV adjustment, substituting actual data for forecast data where appropriate and including any actual events impacting on Transpower’s asset base



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2008, No 106





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🏭 Commerce Act (Transpower Thresholds) Notice 2008 (continued from previous page)

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Commerce Act, Transpower, Thresholds, Notice, 2008
  • Commerce Commission