NEW ZEALAND GAZETTE, No. 66

17 JUNE 2010

Public Finance Act 1989

Notice of Publication of Financial Statements of the Government of New Zealand

Pursuant to section 31B of the Public Finance Act 1989, the Minister of Finance gives notice of the publication of the financial statements of the Government of New Zealand for:

• the 10 months ended 30 April 2010, on 8 June 2010.

Copies of these financial statements are available:

• for inspection free of charge at the National Library of New Zealand, Auckland City Library, Wellington Public Library and Canterbury Public Library;
• for purchase at branches of Bennetts bookshops; and
• through the internet at http://www.treasury.govt.nz

Dated at Wellington this 8th day of June 2010.

HON SIMON WILLIAM ENGLISH, Minister of Finance.

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Authorities and Other Agencies of State Notices

Electricity Commission

Electricity Act 1992

Notice of Recommendation Concerning the Electricity Governance (Bids and Offers Publication) Amendment Rules 2010

1. This notice of a recommendation concerning the Electricity Governance (Bids and Offers) Amendment Rules 2010 is issued by the Electricity Commission (“Commission”) pursuant to section 172E(2)(c) of the Electricity Act 1992 (“Act”).

2. The Act provides that, no later than 10 working days after making a recommendation to the Minister of Energy and Resources (“Minister”) concerning the Electricity Governance Rules 2003 (“Rules”), the Commission must publicise the recommendation and the assessment completed under section 172F of the Act.

Recommended Amendments to the Rules

3. On 9 June 2010, the Commission recommended that changes be made to Rules 7.1 and 7.6 of Section II of Part G of the Rules.

4. The recommended rule amendments are to reduce the delay in publishing all final bids, offers and reserve offers from two weeks after the relevant trading day to the next day.

5. A copy of the Commission’s recommendation and assessment is available, at no cost, on the Commission’s website at

http://www.electricitycommission.govt.nz/rulesandregs/recommend

Dated at Wellington this 9th day of June 2010.

For and on behalf of the Electricity Commission:

DAVID CAYGILL, Chair.

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Notice of Recommendation Concerning the Electricity Governance (Amendments to Parts E, H, and J of the Rules and Consequential Amendments to Part A of the Rules) Amendment Rules 2010

1. This notice of a recommendation concerning the Electricity Governance (Amendments to Parts E, H, and J of the Rules and Consequential Amendments to Part A of the Rules) Amendment Rules 2010 is issued by the Electricity Commission (“Commission”) in accordance with section 172E(2)(c) of the Electricity Act 1992 (“Act”).

2. The Act provides that, no later than 10 working days after making a recommendation to the Minister of Energy and Resources (“Minister”) concerning the Electricity Governance Rules 2003 (“Rules”), the Commission must publicise the recommendation and the assessment completed under section 172F of the Act.

Recommended Amendments to the Rules

3. On 9 June 2010, the Commission recommended that a number of amendments be made to the Rules concerning the reconciliation and switching process contained in Parts A, E, H and J of the Rules.

4. The effects of the recommended amendments to the Rules are to:

   (a) shorten the switching time period;

   (b) provide for further monitoring of the installation control point (“ICP”) status by distributors;

   (c) provide a process for distributors to transfer ICPs;

   (d) provide a process to streamline trading notifications;

   (e) clarify the process by which invoice and volume information are resolved, and information errors are corrected;

   (f) alter the scope of some of the Rules to align the Rules with current practice or intended best practice;

   (g) clarify participants’ and the Commission’s obligations under the Rules;

   (h) make the Rules clearer and easier to read and ensure they are in a logical order;

   (i) correct some incorrect references and terminology in the Rules; and

   (j) remove ambiguity in the Rules.

5. A copy of the Commission’s recommendation and assessment under section 172F of the Act is available, at no cost, on the Commission’s website at

http://www.electricitycommission.govt.nz/rulesandregs/recommend

Dated at Wellington this 10th day of June 2010.

For and on behalf of the Electricity Commission:

DAVID CAYGILL, Chair.

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Notice of Recommendation and Assessment Concerning the Electricity Governance (Policy Statement) Amendment Rules 2010

1. This notice of a recommendation and assessment concerning the Electricity Governance (Policy Statement) Amendment Rules 2010...