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Commerce Act 1986

Regulated goods or services - Default/customised price-quality regulation - Customised price-quality paths

53Y: Commission's costs relating to assessing, setting, and reconsidering customised price-quality path

You could also call this:

"Paying for the Commission to check your custom price plan"

Illustration for Commerce Act 1986

When you make a proposal for a customised price-quality path, you must pay the Commission's costs for assessing and setting or reconsidering it. The Commission's costs include the expenses they incur when looking at your proposal and deciding on a customised price-quality path. If you pay more than the Commission's costs, they may refund you the extra amount. The Commission can decide how to recover their costs. You are responsible for paying the Commission's costs, and they will sort out how to get the money from you.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1685632.

Topics:
Money and consumer rights > Consumer protection
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53X: What happens when customised price-quality path ends, or

"What happens when your special price rules end: you follow the standard rules"

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53Z: Prioritisation by Commission, or

"The Commission chooses which proposals to look at first based on how important and urgent they are."

Part 4Regulated goods or services
Default/customised price-quality regulation: Customised price-quality paths

53YCommission's costs relating to assessing, setting, and reconsidering customised price-quality path

  1. The Commission’s costs in assessing a proposal for, and setting or reconsidering, a customised price-quality path must be met by the person who makes the proposal for a customised price-quality path.

  2. If the amount paid by a person in respect of a proposal for a customised price-quality path exceeds the Commission's costs in assessing the proposal and (if applicable) setting or reconsidering the customised price-quality path, the Commission may refund the excess to the person who paid it.

  3. The costs may be recovered in whatever manner the Commission determines.

Notes
  • Section 53Y: inserted, on , by section 4 of the Commerce Amendment Act 2008 (2008 No 70).
  • Section 53Y heading: amended, on , by section 148(1) of the Electricity Industry Act 2010 (2010 No 116).
  • Section 53Y(1): amended, on , by section 148(2) of the Electricity Industry Act 2010 (2010 No 116).
  • Section 53Y(1A): inserted, on , by section 148(3) of the Electricity Industry Act 2010 (2010 No 116).