1. Pursuant to section 38(3)(b) of the Electricity Industry Act 2010, the Electricity Authority gives notice of the making of the Electricity Industry Participation (Settlement and Prudential Security) Code Amendment 2013.
2. This amendment comes into force on 24 March 2015.
3. The amendment replaces Part 14 of the Electricity Industry Participation Code 2010 ("Code") with a new Part 14 and Part 14A, and makes consequential changes to other parts of the Code. The amendment changes the prudential requirements for participants, and changes
the clearing and settlement processes carried out by the clearing manager.
4. A copy of the amendment and the Code are available on the Electricity Authority's website at
www.ea.govt.nz/act-code-regs/code-regs/
5. 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 9th day of December 2013.
DR THOMAS BRENT LAYTON, Chairperson, Electricity Authority.