This notice of a recommendation and assessment for Gas Governance Regulations is issued by Gas Industry Company Limited ("Gas Industry Co") approved as the industry body by Order in Council under section 43ZL of the Gas Act 1992 ("the Act").
Section 43O of the Act provides that, no later than 10 working days after making a recommendation for gas governance regulations to the Minister of Energy, Gas Industry Co must publicise the recommendation and the assessment completed under section 43N of the Act.
Recommendation
On 31 May 2007, Gas Industry Co made a recommendation to the Minister of Energy for approval of the Gas (Compliance) Regulations 2007 to provide for compliance with, and enforcement of, the Gas (Switching Arrangements) Rules 2007 recommended in conjunction with that recommendation.
The recommended Regulations will establish a compliance and enforcement regime to support the Gas (Switching Arrangements) Rules 2007, consisting of:
- a market administrator which has responsibility for receiving notices of reported breaches of the rules, attending to administrative tasks, determining the materiality of breaches, and attempting to resolve any immaterial breach with the agreement of the parties;
- an investigator who investigates material or unresolved immaterial breaches, endeavours to settle the matter, refers settlements and unresolved breaches to the rulings panel; and
- a rulings panel which approves or rejects settlements, determines unresolved breaches and orders remedies.
A copy of Gas Industry Co's recommendation, including the assessment made under section 43N, is available at no cost on Gas Industry Co's website
http://www.gasindustry.co.nz
Dated at Wellington this 14th day of June 2007.
For and on behalf of Gas Industry Co:
RT. HON. JAMES BOLGER, O.N.Z., Chair.