Electricity Line Owners (Commerce Commission Costs) Levy Amendment Regulations 2002

2002/200

Electricity Line Owners (Commerce Commission Costs) Levy Amendment Regulations 2002


Note

These regulations are administered in the Ministry of Economic Development.


Pursuant to section 57ZK of the Commerce Act 1986, Her Excellency the Governor-General, acting on the advice and with the consent of the Executive Council and on the recommendation of the Minister of Energy, makes the following regulations.

1 Title
2 Commencement
  • These regulations come into force on the day after the date of their notification in the Gazette.

3 Levy must be calculated on basis of estimated Commission costs
  • Regulation 7 of the principal regulations is amended by omitting the words Monitoring and Price Control of Electricity Lines Businesses, and substituting the words that relates to the performance of the Commission's functions, powers, and duties under Part 4A of the Act.

4 Levy must be reconciled on basis of actual Commission costs after end of financial year
  • Regulation 10(2)(b) of the principal regulations is amended by omitting the words Monitoring and Price Control of Electricity Lines Businesses, and substituting the words that relates to the performance of the Commission's functions, powers, and duties under Part 4A of the Act.

Marie Shroff,

Clerk of the Executive Council.

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 the day after the date of their notification in the Gazette, amend the Electricity Line Owners (Commerce Commission Costs) Levy Regulations 2001.

Those regulations impose levies for the costs of performing the Commerce Commission's functions, powers, and duties under Part 4A of the Commerce Act 1986. The levy is calculated on the basis of the appropriation or proposed appropriation within the relevant Vote. The name of the relevant output class within that Vote has changed, and may change again in future years. Accordingly these regulations replace that name with a generic description of the relevant output class.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 27 June 2002.


  • 1 SR 2001/386