✨ Commerce Act Notice Continuation
27 JUNE 2008 NEW ZEALAND GAZETTE, No. 106 2805
(v) the total amount of Transpower’s non-part F capex, and also the total amount of Transpower’s non-Part F capex for each of the categories listed in clause 1 of Schedule 2, for the assessment period;
(vi) the total number of unplanned interruptions and the total interruptions for the assessment period, and describes the process by which Transpower has determined the total number of unplanned interruptions and total interruptions for the assessment period; and
(vii) the total system operator revenue allowed under the SOSPA for the assessment period; and
(viii) the revenue received by Transpower for services provided under the SOSPA for the assessment period;
(c) includes all such other information as is sufficient to enable the Commission to properly determine whether or not each of those thresholds concerned has been breached; and
(d) states the date on which it has been prepared.
(2) In respect of the transmission (non-Part F capex) threshold for an assessment period, if:
(a) Transpower becomes aware of, or anticipates, a force majeure event or a security of supply event (each an “event” for the purposes of this clause 9(2)), and advises details of the event to the Commission before the public disclosure of the threshold compliance statement for that period; and
(b) the Commission confirms that the event is a force majeure event or a security of supply event—
the threshold compliance statement must separately identify all expenditure incurred as a direct result of the event and omit that expenditure in determining compliance or otherwise with that threshold.
(3) In respect of the transmission (non-Part F capex) threshold for the assessment period ending on the relevant assessment date; if:
(a) Transpower exceeds the transmission (non-Part F capex) threshold for an assessment period excluding expenditure separately identified under clause 9(2);
(b) Transpower commits not to and does not bring any such over-expenditure into the regulatory asset base during the period 1 July 2008 to 30 June 2011—
the threshold compliance statement must identify the amount of over-expenditure that will not be brought into the regulatory asset base during that period and omit that expenditure in determining compliance or otherwise with that threshold.
(4) The Commission hereby requires Transpower to publicly disclose and publish on the Internet, no later than 30 September following each assessment date—
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NZ Gazette 2008, No 106
✨ LLM interpretation of page content
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Commerce Act (Transpower Thresholds) Notice 2008
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🏭 Trade, Customs & IndustryCommerce Act, Transpower, Thresholds, Notice, 2008, Asset Management, Information Requirements, Compliance, Revenue Requirement