New Zealand Legislation: Regulations

15 Development fee

• (1) The development fee is a fee to meet the critical contingency development costs.

  (2) The critical contingency development costs are—

  • (a) the costs of the industry body associated with—

    • (i) the appointment of the critical contingency operator; and

    • (ii) the review and recommendation for approval of proposed critical contingency management plans under regulations 26 to 30 (including the costs payable to the expert adviser); and

  • (b) the costs (if any) payable by the industry body to the critical contingency operator before the go-live date in respect of the development and establishment of any critical contingency management arrangements required under these regulations; and

  • (c) the costs of the industry body in connection with the development and establishment of the critical contingency management arrangements.

  (3) Every person who purchases gas directly from a gas producer during the 28 days after the commencement date is liable to pay a development fee in accordance with these regulations.

  (4) To avoid doubt, the critical contingency development costs do not include costs incurred before the commencement date.