1. Pursuant to section 38(3)(b) of the Electricity Industry Act 2010 ("Act"), the Electricity Authority ("Authority") gives notice of the making of the Electricity Industry Participation (Minor Amendments relating to Financial Transmission Rights) Code Amendment 2012.
2. The amendment comes into force on 27 September 2012.
3. The amendment:
(a) changes the person responsible for determining
a normal grid configuration under clause 4 of Schedule 14.6 of the Electricity Industry Participation Code 2010 ("Code") from the system operator to each grid owner; and
(b) makes minor consequential amendments to clause 14.73, and clauses 2 and 5 of Schedule 14.6.
4. In accordance with sections 39(3)(a) and (b) of the Act, the Authority is satisfied that the amendment is technical and non-controversial and that there is widespread support for the amendment among the people likely to be affected by it, and therefore the Authority has not prepared or publicised a regulatory statement or consulted on the amendment and the regulatory statement.
5. A copy of the amendment and the Code is available on the Electricity Authority's website at
www.ea.govt.nz/act-code-regs/code-regs/
6. A copy of the amendment and the Code may also be inspected free of charge or purchased from the Electricity Authority, Level 7, ASB Bank Tower,
2 Hunter Street, Wellington.
Dated at Wellington this 27th day of August 2012.
DR THOMAS BRENT LAYTON, Chairperson, Electricity Authority.