New Zealand Acts

COMMERCE ACT 1986 - SECT 54B

54B Interpretation 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.  

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

History: Section 54B: inserted, on 1 April 2009, by section 4 of the Commerce Amendment Act 2008 (2008 No 70).   Section 54B(2): added, on 1 November 2010, by section 149 of the Electricity Industry Act 2010 (2010 No 116).