Commerce Act 1986

Regulated goods or services - Electricity lines services - Transitional arrangements

54P: Proposals for customised price-quality paths

You could also call this:

"Proposing special price and quality plans for electricity lines services"

Illustration for Commerce Act 1986

If you are a supplier of electricity lines services, you cannot propose a customised price-quality path until an input methodology is published as referred to in section 52W. This input methodology sets out the requirements and criteria for proposals for customised price-quality paths, as required by section 52T(1)(d). You need to wait for this to happen before you can make a proposal.

When the Commission sets a customised price-quality path, they may apply claw-back, in accordance with section 53V(2). This means the Commission can take back some of the money if certain conditions are not met. You should be aware of this when proposing a customised price-quality path.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1940052.


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Part 4Regulated goods or services
Electricity lines services: Transitional arrangements

54PProposals for customised price-quality paths

  1. A supplier of electricity lines services may not propose a customised price-quality path until an input methodology setting out the requirements and criteria for proposals for customised price-quality paths (as required by section 52T(1)(d)) is published as referred to in section 52W.

  2. However, in accordance with section 53V(2), the Commission may apply claw-back when setting any customised price-quality path.

Notes
  • Section 54P: inserted, on , by section 4 of the Commerce Amendment Act 2008 (2008 No 70).
  • Section 54P(1): amended, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).
  • Section 54P(1): amended, on , by section 154(a) of the Electricity Industry Act 2010 (2010 No 116).
  • Section 54P(1): amended, on , by section 154(b) of the Electricity Industry Act 2010 (2010 No 116).