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 Code Amendment (Pivotal Supply) 2014.
2. The amendment comes into force on 17 July 2014.
3. The amendment:
(a) requires participants making offers and reserve offers under Part 13 of the Electricity Industry Participation Code 2010 ("Code") to observe high standards of trading conduct; and
(b) deems a participant that meets three specified requirements to have observed a high standard of trading conduct; and
(c) amends the definition of "undesirable trading situation" in Part 1 of the Code to clarify that the amendment does not affect Code provisions relating to undesirable trading situations.
4. A copy of the amendment and the Code is available on the Authority's website
www.ea.govt.nz/code-and-compliance
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 16th day of June 2014.
DR THOMAS BRENT LAYTON, Chairperson, Electricity Authority.