New Zealand Legislation: Regulations

6 Appointment of critical contingency operator

• (1) The industry body may, by agreement with a person who is the system operator for all or any part of the transmission system, appoint that person to act as the critical contingency operator.

  (2) The critical contingency operator has the obligations set out in these regulations.

  (3) The industry body may at any time terminate, or change the appointment of, or reappoint, any person as the critical contingency operator, subject to the terms of the critical contingency operator service provider agreement.

  (4) The remuneration of the critical contingency operator is as agreed between the industry body and the critical contingency operator in the critical contingency operator service provider agreement.

  (5) The industry body and the critical contingency operator may agree on any other terms and conditions not inconsistent with the obligations of the critical contingency operator under these regulations.

  (6) If a person is the system operator of all of the transmission system, the industry body must appoint that person as the critical contingency operator for an initial term of 5 years beginning on the commencement date, on the terms of the critical contingency operator service provider agreement.

  (7) Any appointment of the critical contingency operator beyond the initial term is at the industry body’s sole discretion.

  (8) If at any time the person appointed to act as critical contingency operator ceases to be the system operator for any part or all of the transmission system, the industry body may terminate the critical contingency operator service provider agreement in accordance with the terms of that agreement.