Government Notices




NEW ZEALAND GAZETTE, No. 103 — 17 NOVEMBER 2016

GOVERNMENT NOTICES

Authorities/Other Agencies of State

Electricity Industry (Exemption No. 244 (Transpower New Zealand Limited)) Exemption Notice 2016

Under section 11 of the Electricity Industry Act 2010 ("Act"), the Electricity Authority gives the following notice.

Notice

  1. Title and commencement—(1) This notice is the Electricity Industry (Exemption No. 244 (Transpower New Zealand Limited)) Exemption Notice 2016.

(2) This notice comes into force on 1 December 2016.

  1. Exemption—Transpower New Zealand Limited ("Transpower") is exempted from complying with the obligation in clause 13.34(3) of the Electricity Industry Participation Code 2010 ("Code") to submit reports to the Authority on revised information submitted later than two (2) hours before the relevant trading period.

  2. Term—This exemption expires on the earlier of:

a. the close of 30 November 2017; and

b. the revocation of clause 13.34(3).

  1. Reasons for granting the exemption—The reasons for granting this exemption are:

a. without the exemption, Transpower would have incurred unreasonable cost to comply, balanced against the value of compliance;

b. a Code amendment will soon come into force that will remove this obligation from the grid owner;

c. the exemption will have no impact on any other participant or service provider, and will not affect any other Code provisions; and

d. granting the requested exemption meets the requirements in section 11(2) of the Act.

Dated at Wellington this 8th day of November 2016.

For and on behalf of the Electricity Authority:
HON ROGER SOWRY, ONZM, Member, Electricity Authority.

2016-au6401

Notice Under Section 571 of the Financial Markets Conduct Act 2013

Pursuant to section 556 of the Financial Markets Conduct Act 2013, the Financial Markets Authority on 8 November 2016 granted the exemptions contained in the Financial Markets Conduct (Flight Centre (NZ) Limited) Exemption Notice 2016.

Copies are available on the Financial Markets Authority’s website

www.fma.govt.nz

Copies are also available for purchase on request to the Financial Markets Authority, Level 2, 1 Grey Street, Wellington, or Level 5, Ernst & Young Building, 2 Takutai Square, Britomart, Auckland, or by post to PO Box 1179, Wellington 6140.

2016-au6424

Notice Under Section 571 of the Financial Markets Conduct Act 2013

Pursuant to section 556 of the Financial Markets Conduct Act 2013, the Financial Markets Authority on 9 November 2016 granted the exemptions contained in the Financial Markets Conduct (Bonus Bonds) Exemption



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2016, No 103





✨ LLM interpretation of page content

🌾 Electricity Industry (Exemption No. 244 (Transpower New Zealand Limited)) Exemption Notice 2016

🌾 Primary Industries & Resources
8 November 2016
Electricity, Exemption, Transpower, Code compliance
  • HON ROGER SOWRY, ONZM, Member, Electricity Authority

🏭 Notice Under Section 571 of the Financial Markets Conduct Act 2013

🏭 Trade, Customs & Industry
8 November 2016
Financial markets, Exemption, Flight Centre (NZ) Limited

🏭 Notice Under Section 571 of the Financial Markets Conduct Act 2013

🏭 Trade, Customs & Industry
9 November 2016
Financial markets, Exemption, Bonus Bonds