Electricity Industry Reform Act 1998 No 88 (as at 01 April 2008), Public Act

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Reprint as at 1 April 2008

Electricity Industry Reform Act 1998

Public Act1998 No 88
Date of assent8 July 1998

Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.

A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.

This Act is administered in the Ministry of Commerce


Contents

Title

Interpretation

13 Meaning of agency [Repealed]

Application of Act

Ownership separation

Scope of application of ownership rules

Application of ownership separation rules to trust-like interests

Process for compliance

Interim exemptions, rules, and compliance options

Exemptions for certain involvements

Ban on expanding cross-involvements

Options for persons wishing to expand

Compliance process for existing 20% aggregates

Mirror trust and mirror co-operative option

No expansion of control by trust-like agencies in electricity supply

Exemptions for generation

Exemptions for generation commissioned after 20 May 2003 and for reserve energy

Preliminary

Penalties

Miscellaneous provisions

Anti-Avoidance

No compensation

Disclosure

Matters relevant to implementation of Part 2

Extensions and exemptions

Application of other Acts

Regulation-making powers

Reprint notes


An Act to reform the electricity industry

BE IT ENACTED by the Parliament of New Zealand as follows: