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Commerce Act 1986

Regulated goods or services - Electricity lines services - Savings provisions

54X: Savings provision for existing levy regulations for electricity lines businesses

You could also call this:

"Old rules still apply to some big electricity companies"

Illustration for Commerce Act 1986

If you own a large electricity lines business, some rules still apply to you. These rules were made under section 57ZK before some other rules were repealed. You have to follow these rules for every financial year before the new rules made under section 53ZE started applying to you.

When these old rules apply to you, they include the costs of the Commission doing its job and making sure people follow the rules. The words used in these rules have the same meaning as they did when the rules were first made.

You have to keep following these old rules as if they were part of the new rules, with some changes to make them work with the new system.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1940063.

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Part 4Regulated goods or services
Electricity lines services: Savings provisions

54XSavings provision for existing levy regulations for electricity lines businesses

  1. Any regulations made pursuant to section 57ZK before the repeal of Part 4A continue to apply to each person who is a large line owner in respect of every financial year that precedes the first financial year to which levy regulations made under section 53ZE apply to that supplier.

  2. Subsection (1) applies as if—

  3. references in those regulations to the Commission's costs included references to the costs of exercising and performing the Commission's powers, duties, and functions under this Part, and enforcing the obligations under this Part, in respect of those persons, and with all other necessary modifications; and
    1. terms used in subsection (1) have the same meaning as they do in those regulations.

      Notes
      • Section 54X: inserted, on , by section 4 of the Commerce Amendment Act 2008 (2008 No 70).