Notice Title

Commerce Commission—Notification of Non-material Amendments to Default Price-Quality Path Determination 2017 for Gas Transmission Services

Publication Date
18 Dec 2018

Tags

Commerce Act Notices Commerce Commission

Notice Number

2018-au6368
Title
View PDF
File Type and Size
PDF (31 KB)

Under section 52Q of the Commerce Act 1986 (“Act”), the Commerce Commission (“Commission”) gives notice that it has made non-material amendments to the Gas Transmission Services Default Price-Quality Path Determination 2017 [2017] NZCC 14 (“principal determination”).

The amendments are set out in Gas Transmission Services Default Price-Quality Path (Non-material) Amendments Determination 2018 [2018] NZCC 22.

These non-material amendments correct typographical errors:

  • made in Schedule 4 of the principal determination, where the “forecast net allowable revenue” values were incorrectly expressed as hundreds of thousands, rather than hundreds of millions; and
  • made in Schedule 8 of the principal determination, where the time value of money adjustment for the “closing wash-up account balance” was incorrectly not squared.

These non-material amendments come into effect on the date of this notice.

Copies of the amendments determination and a note explaining our non-material amendments are available on the Commission’s website at

https://comcom.govt.nz/regulated-industries/gas-pipelines/gas-pipelines-price-quality-paths/gas-pipelines-default-price-quality-path/20172022-gas-default-price-quality-path

and are available for inspection free of charge at the Commission (during ordinary office hours), or for purchase at a reasonable price at the Commission, 44 The Terrace, Wellington.

Dated this 18th day of December 2018.

COMMERCE COMMISSION.