New Zealand Acts

COMMERCE ACT 1986 - SECT 55H

55H How price-quality regulation under this Part applies after 1 July 2012 (or earlier expiry)

1 This section provides how price-quality regulation under this Part applies to a gas pipeline service after it ceases to be controlled by virtue of the Commerce (Control of Natural Gas Services) Order 2005 (the
"order" ).

2 The expiry of the order must be treated as if it were the expiry of a customised price-quality path, and section 53X applies accordingly.

3 In this section, the date on which the order expires is—

a) the expiry date referred to in section 55G ; or

b) if an undertaking is obtained or accepted from a supplier in respect of a service that expires on an earlier date, that earlier date, provided that the order ceases to apply to that service on or before that date (by revocation of the order or otherwise).

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