New Zealand Acts

COMMERCE ACT 1986 - SECT 55G

55G Existing order, authorisations, and undertakings continue to apply until 1 July 2012 (or earlier expiry)

1 This section provides how price-quality regulation under this Part applies to services that are controlled by virtue of the Commerce (Control of Natural Gas Services) Order 2005 (the
"order" ).

2 The order continues in force, despite the repeal of Part 4 (as it was before its repeal by the Commerce Amendment Act 2008 ), until the date on which the order expires or is revoked (the
"expiry date" ).

3 The enactment of the Commerce Amendment Act 2008 does not limit or affect, before the expiry date, any of the following in respect of the gas pipeline services that are controlled by virtue of the order:

a) any authorisation made (including the ability to amend or revoke an authorisation), or any undertaking obtained or accepted, under Part 5 before 1 April 2009; or

b) the power of the Commission to obtain or accept any further undertakings under Part 5 ; or

c) any action that may be commenced or continued in respect of a breach of any authorisation or undertaking.

4 To avoid doubt, subsection (3) applies as if the provisions of Parts 4 to 6 had not been amended or repealed by the Commerce Amendment Act 2008 .

5 However, any breach of the order after 1 April 2009 may be dealt with under Part 6 as if it were a breach of a customised price-quality path.

History: Section 55G: inserted, on 14 October 2008, by section 4 of the Commerce Amendment Act 2008 (2008 No 70).