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Commerce Act 1986

Regulated goods or services - Electricity lines services - Application, overview, and interpretation

54B: Interpretation for subpart

You could also call this:

"What special words mean in this part of the law"

Illustration for Commerce Act 1986

When you read this part of the law, some words have special meanings. An administrative settlement is a formal agreement between the Commission and a company that supplies electricity lines services when that company has done something wrong. This agreement is about a breach of a threshold or a default price-quality path, which is explained in section 54J.

You also need to know what some other words mean. A consumer-owned company is defined in section 54D. Electricity lines services are explained in section 54C. Part 4A refers to a part of this law that used to exist before it was repealed by the Commerce Amendment Act 2008.

Some other important words to understand are threshold, which is a limit set by the Commission, and Transpower, which is a company called Transpower New Zealand Limited. When you see Transpower in this part of the law, it can also mean Transpower in its role as system operator under the Electricity Industry Act 2010.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1940001.

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54A: Overview of when subpart applies, or

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Part 4Regulated goods or services
Electricity lines services: Application, overview, and interpretation

54BInterpretation for subpart

  1. In this subpart, unless the context otherwise requires,—

    administrative settlement means a deed entered into by the Commission and a supplier of electricity lines services in respect of a breach of a threshold or a breach of a default price-quality path referred to in section 54J

      consumer-owned has the meaning given in section 54D

        electricity lines services has the meaning given in section 54C

          Part 4A means Part 4A of this Act as in force immediately before its repeal by the Commerce Amendment Act 2008

            threshold means a threshold set by the Commission under Part 4A for the declaration of control in relation to large electricity lines businesses

              Transpower means Transpower New Zealand Limited or any subsidiary of, or successor to, that company.

              1. References in this subpart to Transpower include references to Transpower in its role as system operator under the Electricity Industry Act 2010.

              Notes
              • Section 54B: inserted, on , by section 4 of the Commerce Amendment Act 2008 (2008 No 70).
              • Section 54B(2): added, on , by section 149 of the Electricity Industry Act 2010 (2010 No 116).