Pursuant to section 57T of the Commerce Act 1986
(a) The Electricity Information Disclosure Amendment Requirements (No 2) 2008 (the "Amendment Requirements") were made by the Commerce Commission ("Commission") on 15 August 2008.
(b) The amendments apply in respect of the 2007/2008 and subsequent financial years.
Amendments to Electricity Information Disclosure Requirements 2004
The Amendment Requirements amend the Electricity Information Disclosure Requirements 2004 ("the Principal Requirements") to give effect to the Commerce Commission's decision, following an administrative settlement between the Commission and Transpower New Zealand Limited, to require that company to report asset values in accordance with the depreciated historic cost (DHC) principles rather than the ODV method.
Obtaining copies of the Amendment Requirements
Copies of the Amendment Requirements, and the Principal Requirements (as amended by the Amendment Requirements and previous amendments to the Principal Requirements), are available for inspection free of charge during ordinary office hours at the Commission:
44-52 The Terrace
PO Box 2351
Wellington
and on the Commission's website:
www.comcom.govt.nz/IndustryRegulation/Electricity/ElectricityLinesBusinesses/informationdisclosure.aspx
or for purchase at a reasonable price at the Commission.
Dated at Wellington this 15th day of August 2008.
COMMERCE COMMISSION