Explanatory note
This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 22 September 1998, prescribe the fee payable for an exemption application to the Commerce Commission under the Electricity Industry Reform Act 1998.
The fee is set at $11,250.
The Commerce Commission must make a refund in any case where the cost to the Commission of processing an application is materially less than the fee paid.
The Commerce Commission is required to prepare a schedule that will identify how it will calculate its costs in respect of an application.
The fee is inclusive of goods and services tax.