New Zealand Acts

COMMERCE ACT 1986 - SECT 53F

53F Limited exception to obligation to apply input methodologies

1 Despite section 52S , suppliers that are subject only to information disclosure regulation do not have to apply the following input methodologies in accordance with that section:

a) pricing methodologies:

b) methodologies for evaluating or determining the cost of capital.

2 However, to avoid doubt, subsection (1) does not affect anything else in this subpart, and in particular does not affect—

a) section 53B(2) (which means the Commission may use the input methodologies referred to in subsection (1) to monitor and analyse information); and

b) section 53C(2) (which means that suppliers may still be required to disclose information about the pricing methodologies, and methodologies for evaluation or determining the cost of capital, that they do in fact use).

History: Section 53F: inserted, on 14 October 2008, by section 4 of the Commerce Amendment Act 2008 (2008 No 70).