New Zealand Acts

COMMERCE ACT 1986 - SECT 54J

54J Section 52P determinations setting out default price-quality paths applying from 1 April 2009

1 This section applies in respect of suppliers of electricity lines services that are subject to default/customised price-quality regulation on and after 1 April 2009.

2 On and after 1 April 2009, the thresholds for large electricity lines businesses that expire on 31 March 2009 are deemed to be section 52P determinations that—

a) apply those thresholds to each supplier as if the thresholds were default price-quality paths; and

b) state that the regulatory period for each supplier ends on 31 March 2010; and

c) comply with sections 52P and 53O ; and

d) were notified in the Gazette under section 52P(7)(b) at least 4 months before 1 April 2009.

3 However, a breach of a default price-quality path before the close of 31 March 2010 must be dealt with in accordance with section 54N and not under Part 6 .

4 Nothing in this section affects sections 54N and 54O .

History: Section 54J: inserted, on 1 April 2009, by section 4 of the Commerce Amendment Act 2008 (2008 No 70).