1. Pursuant to section 172I of the Electricity Act 1992 (“Act”), I notify the amendment of the Electricity Governance Rules 2003 (“Rules”) under section 172H of
the Act.
2. The empowering provisions for the Electricity Governance Regulations in relation to which the amendments to the Rules are made are sections 172D (1) (3) and 172D (1) (4) of the Act.
3. The amendments:
? address several timing issues associated with the annual updating of the policy statement and the procurement plan under Part C of the Rules; and
? align the system operator’s self review period with the period of the current policy statement.
4. The amendments are made in reliance on section 172F (3) of the Act.
5. Pursuant to section 172Z (4) of the Act, the reasons for my decision to amend the Rules are that:
? due to the timing restrictions in Part C of the Rules on the Electricity Commission (“Commission”) and the system operator the process for developing the policy statement and the procurement plan was unduly restrictive;
? I consider that the Commission and the system operator should have more time to undertake these processes; and
? I consider that it would be more appropriate for the period of the system operator’s self review to align with the period of the current policy statement.
6. These Rules come into force on 8 June 2006.
7. Copies of the Rules may be inspected free of charge or purchased from the Electricity Commission, Level Seven, ASB Bank Tower, 2 Hunter Street, Wellington.
The Rules can also be viewed on the Electricity Commission web site:
http://www.electricitycommission.govt.nz/rulesandregs/rules
Dated at Wellington this 23rd day of April 2006.
TREVOR MALLARD, Acting Minister of Energy.