New Zealand Gazette – 2008 – No. 106

Page 2801

✨ Commerce Act Notice

27 JUNE 2008 NEW ZEALAND GAZETTE, No. 106 2801

threshold compliance statement means a statement of a kind described in clause 9(1)

transmission alternative services means services provided by Transpower which substitute for investment in connection assets or interconnection assets or both

Transpower means Transpower New Zealand Limited

unplanned interruption means any interruption in respect of which less than 24 hours’ notice, or no notice, was given, either to the public or to all customers affected by the interruption

WACC means weighted average cost of capital as specified in clause 5 of Schedule 1

(2) Terms used in this notice have, unless the context otherwise requires, the same meanings as in the Act or in the Requirements.

4 Thresholds for declaration of control in relation to Transpower

The Commission hereby sets the following thresholds for the declaration of control in relation to Transpower:

(a) a transmission (revenue requirement) threshold as specified in clause 5;

(b) a transmission (non-Part F capex) threshold as specified in clause 6;

(d) a quality threshold as specified in clause 8.

5 Transmission (revenue requirement) threshold

The transmission (revenue requirement) threshold is that the total of Transpower’s AC revenue and HVDC revenue less the ex-post economic gain or loss for each of AC revenue and HVDC revenue calculated, allocated and accumulated in accordance with clause 9(1) to 9(3) of Schedule 1 for an assessment period, is not to exceed the total of—

(a) the amount of Transpower’s AC year end revenue requirement for that assessment period; and

(b) the amount of Transpower’s HVDC year end revenue requirement for that assessment period.

6 Transmission (non-Part F capex) threshold

(1) The transmission (non-Part F capex) threshold is that total non-Part F capex for an assessment period is not to exceed the amount specified below:

(a) $202.79 million for the assessment period ending 30 June 2009;

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

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

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

Domain🏭 Trade, Customs & Industry
KeywordsCommerce Act, Transpower, Thresholds, Notice, 2008, Definitions, Assessment, Auditor, CPI, Customer, Economic Value

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