New Zealand Legislation: Regulations
Regulations are laws made under Acts
(1) The allocation agent is liable for any breach that it commits of rules 9 to 13, 43 to 62, and 78, 79, and 84 of the Gas (Downstream Reconciliation) Rules 2008.
(2) The allocation agent is not liable under these regulations for a sum in excess of—
(a) $50,000 in respect of any one event or series of closely related events arising from the same cause or circumstance; or
(b) $250,000 in respect of all events occurring in any financial year.
