New Zealand Legislation: Regulations

10 New regulation 58A inserted

• The following regulation is inserted after regulation 58:

  “58A Liability of critical contingency operator

  • “(1) The critical contingency operator is liable for any breach that it commits of regulations 9, 28, 32, 34 to 38, 41, 42, 48 to 53, and 59 to 65 of the Gas Governance (Critical Contingency Management) Regulations 2008.

    “(2) The critical contingency operator is not liable under these regulations for a sum in excess of the annual fee stipulated in the critical contingency operator service provider agreement in respect of all events occurring in any financial year.”