This part of the law no longer exists. It was removed on 1 April 1994. The part was about licensing electricity suppliers, but now it doesn’t apply anymore. When a part of a law is removed like this, we say it has been ‘repealed’.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM282863.