The Commerce Commission (“Commission”) gives public notice under section 179(2) of the Telecommunications Act 2001 (“Act”) that it has published revised draft amendments to the Fibre Input Methodologies Determination 2020 [2020] NZCC 21 (“fibre IMs”), as previously amended, as signalled in its amended notice of intention dated 23 September 2021.

Summary of the Revised Draft Amendments

The revised draft amendments have been published in the [Revised draft] Fibre Input Methodologies (wash-up mechanism) Amendment Determination 2021 [2021] NZCC [XX] (“revised draft amendment determination”).

The revised draft amendments propose changes to clause 3.1.1 of the Specification of Price and Revenues fibre IM to:

1. include in the wash-up mechanism the differences between forecast allocator values and actual allocator values for operating costs and asset values;
2. include in the wash-up mechanism the residual differences between the actual and updated forecast consumer price index; and
3. improve the workability of the wash-up mechanism.

Further Information

Copies of the revised draft amendment determination, and the supporting revised draft reasons paper, are available on the Commission’s website via the fibre input methodologies project page at: https://comcom.govt.nz/regulated-industries/telecommunications/projects/fibre-input-methodologies.

Dated at Wellington this 30th day of September 2021.

COMMERCE COMMISSION.