Electricity Industry Reform Act 1998 No 88 (as at 01 April 2009), Public Act

87 Regulations
  • (1) The Governor-General may from time to time, by Order in Council made on the recommendation of the Commission, make regulations for all or any of the following purposes:

    • (a) Declaring a class of businesses or involvements or interests to be a disregarded business or involvement or interest to which this Act does not apply for the purpose of section 19(1)(i) and specifying any conditions that apply:

    • (b) Declaring a class of businesses or involvements or interests to be businesses, involvements, or interests that are no longer disregarded under section 19.

    (2) The Governor-General may from time to time, by Order in Council, make regulations for all or any of the following purposes:

    • (a) [Repealed]

    • (b) Setting out the method of determining persons or amounts for the purpose of section 10(4) (percentage entitlements to equity return rights not readily ascertainable):

    • (c) [Repealed]

    • (d) [Repealed]

    • (e) Declaring any person or class of persons or type of overlap or non-specific interest to be exempt (and on what conditions) from section 20 (non-specific interests rule):

    • (f) Providing for the disclosure of involvements in businesses under section 70:

    • (g) Providing such anti-avoidance measures as are necessary to ensure that the purposes of this Act are not defeated:

    • (h) Adding to or omitting anything from the arms length Schedule, or otherwise amending that Schedule for the purpose of ensuring that the purposes of this Act are not defeated:

    • (i) Prescribing the procedure to be followed under this Act in respect of applications and notices to, and proceedings of, the Commission:

    • (j) Prescribing forms of applications, notices, and other documents required for the purposes of this Act, and requiring the use of such forms:

    • (k) Prescribing the matters in respect of which fees or charges are payable under this Act, the amounts of those fees or charges, or the method or rates by which they are to be assessed, the persons liable for payment of those fees or charges, and the circumstances in which the payment of the whole or any part of those fees or charges may be remitted or waived:

    • (l) Providing for such other matters as are contemplated by or are necessary for giving full effect to this Act and for its due administration.

    Section 87(2)(a): repealed, on 14 October 2008, by section 24(1) of the Electricity Industry Reform Amendment Act 2008 (2008 No 71).

    Section 87(2)(c): repealed, on 14 October 2008, by section 24(1) of the Electricity Industry Reform Amendment Act 2008 (2008 No 71).

    Section 87(2)(d): repealed, on 14 October 2008, by section 24(1) of the Electricity Industry Reform Amendment Act 2008 (2008 No 71).

    Section 87(2)(f): amended, on 14 October 2008, by section 24(2) of the Electricity Industry Reform Amendment Act 2008 (2008 No 71).