This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 15 May 1998, require New Zealand Post Limited (the Corporation) to disclose information about postal services.
Regulation 3 requires the Corporation to include information about its performance in each annual report delivered to shareholding Ministers after the commencement of the regulations.
Regulation 4 requires the Corporation, in respect of the quarter ending on 30 June 1998 and each later quarter, to supply the Secretary with a written statement of the prices, and sets of other terms and conditions, on which the carriage of letters was supplied by or on behalf of the Corporation.
Under regulation 6, the Corporation must deliver to the Secretary a copy of every access agreement, together with a written statement containing any terms or conditions of the access agreement not recorded in the agreement. An access agreement is an agreement between the Corporation and another postal operator under which the Corporation undertakes to provide, to the other postal operator, access to some or all of the facilities owned or used by the Corporation for the purposes of providing postal delivery services.
Regulation 7 provides that information supplied to the Secretary under regulations 4, 5, and 6 must be made available for inspection at the head office of the Corporation and at an Internet site.
Regulation 8 prescribes the periods during which the Corporation must under regulation 7 make information available.
Regulation 9 prescribes the form of the statutory declaration for verifying information supplied by the Corporation to the Secretary under section 55(1) of the Postal Services Act 1998.