Government Notices




NEW ZEALAND GAZETTE, No. 135 — 10 DECEMBER 2015

Any objections to the removals, pursuant to section 321 of the Companies Act 1993, must be delivered to the Registrar no later than 22 January 2016.

Dated this 7th day of December 2015.

TERRY BASTION, Liquidator.

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GOVERNMENT NOTICES

Authorities/Other Agencies of State

Notification of Amendments to Input Methodologies Applicable to Electricity Distribution Businesses - Incremental Rolling Incentive Scheme (IRIS)

Pursuant to section 52W of the Commerce Act 1986 ("the Act"), the Commerce Commission ("Commission") gives the following notice:

The Commission has amended the input methodologies applicable to electricity lines services under Part 4 of the Act.

The input methodologies amended are set out in the Electricity Distribution Services Input Methodologies Determination 2012 [2012] NZCC 26.

The amended input methodologies are set out in the Electricity Distribution Services (Incremental Rolling Incentive Scheme) Input Methodology Amendments Determination 2015 [2015] NZCC 32 ("amendment").

The amendment comes into effect on the date of this notice.

The IRIS provides a mechanism by which suppliers that are subject to price-quality regulation can retain the benefits of efficiency gains beyond the end of a regulatory period.

The amendment describes how the Incremental Rolling Incentive Scheme applies to electricity distribution businesses transitioning to and from customised price-quality paths, and completes the IRIS input methodology amendment process commenced with the Commission’s notice of intention in April 2013.

We have amended these input methodologies to improve the incentives for electricity distribution businesses to control expenditure and to improve efficiency, and share improvements in efficiency with consumers through prices that are lower than they otherwise would have been. These amendments complement the amendments made on 27 November 2014, which set out how the IRIS would apply to non-exempt electricity distribution businesses subject to default price-quality paths. Those amendments were set out in the Incremental Rolling Incentives Scheme Input Methodologies Amendment Determination 2014 [2014] NZCC 32.

Copies of the amendment and reasons paper are available on the Commission’s website www.comcom.govt.nz/regulated-industries/input-methodologies-2/amendments-and-clarifications/ and are available for inspection free of charge at the Commission (during ordinary office hours), or for purchase at a reasonable price at the Commission, 44 The Terrace, Wellington.

Dated at Wellington this 25th day of November 2015.

COMMERCE COMMISSION.

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Notice of the Electricity Industry Participation Code Amendment (Access to Retail Tariff Information) 2015

Under section 38(3)(b) of the Electricity Industry Act 2010 ("Act"), and having complied with section 39 of that Act, the Electricity Authority ("Authority") gives notice of the making of the Electricity Industry Participation Code Amendment (Access to Retail Tariff Information) 2015.

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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2015, No 135





✨ LLM interpretation of page content

🏭 Notice of Intention to Remove ROSENEATH ASSETS LIMITED and SELECTNET LIMITED From the Register (continued from previous page)

🏭 Trade, Customs & Industry
7 December 2015
Company Removal, Liquidation, ROSENEATH ASSETS LIMITED, SELECTNET LIMITED
  • TERRY BASTION, Liquidator

🏭 Notification of Amendments to Input Methodologies Applicable to Electricity Distribution Businesses - Incremental Rolling Incentive Scheme (IRIS)

🏭 Trade, Customs & Industry
25 November 2015
Electricity, Distribution, Input Methodologies, IRIS, Commerce Act
  • Commerce Commission

🏭 Notice of the Electricity Industry Participation Code Amendment (Access to Retail Tariff Information) 2015

🏭 Trade, Customs & Industry
Electricity, Industry Participation Code, Retail Tariff Information
  • Electricity Authority