New Zealand Legislation: Acts

17G Exemption for Transpower New Zealand Limited for purpose of deferring investment in national grid

• (1) In this section, unless the context otherwise requires, Transpower means Transpower New Zealand Limited and any subsidiary of or successor to that company.

  (2) This section applies if, and to the extent to which, Transpower contracts with another person for that person to generate electricity for the purpose of deferring the need for investment by Transpower in the national grid.

  (3) Transpower is not involved in that person’s electricity generation for the purposes of this Act.

  Section 17G: inserted, on 14 October 2008, by section 10 of the Electricity Industry Reform Amendment Act 2008 (2008 No 71).