New Zealand Legislation: Acts

6 Meaning of business A and business B

• (1) Where section 20 uses the term business A, it refers to a business that would have to have its ownership separated under sections 17 to 17G, and the term business B then refers to a business from which business A must be separated under those sections.

  (2) Where the rest of this Act uses the term business A, it refers to a business that is required to be carried out in one company under section 17E, and the term business B then refers to a business that is required to be carried out in another company under that section.

  (3) Where this Act applies to business A, it applies equally to business B, and vice versa.

  (4) References to trust A and trust B have corresponding meanings and application.

  Section 6: substituted, on 14 October 2008, by section 7 of the Electricity Industry Reform Amendment Act 2008 (2008 No 71).