This law is about changing how agreements with Transpower, a company that manages New Zealand’s electricity grid, are handled. These changes affect agreements made before 1 April 2009.
The law removes the word “path” from a part of the Commerce Act. This change might affect how these old agreements with Transpower are understood or managed.
The law also completely removes a specific part of the Commerce Act. This removed part was about those old agreements with Transpower.
These changes might affect how the government and Transpower work together on electricity matters from agreements made before April 2009.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2634587.
152: How exempt status can be lost and default/customised price-quality regulation can be applied to consumer-owned suppliers, or
"How electricity companies can lose special rules and get new ones"
154: Proposals for customised price-quality paths, or
"Rules for suggesting your own electricity prices and quality standards have changed"
Section 54M(3)(b) is amended by omitting path.
Section 54M(6) is repealed.
