The Commerce Commission (“Commission”) gives public notice under section 173(2) of the Telecommunications Act 2001 (“Act”) that it has made amendments to the Fibre Information Disclosure Determination 2021 [2021] NZCC 24 (“principal determination”).

The amendments are set out in the Fibre Information Disclosure Amendment Determination 2022 {2022} NZCC 26 (“Fibre ID Amendment determination”) and come into effect on the date of this notice.

Summary of Amendments to Principal Determination

The non-material amendments correct non-material errors and improve clarity in the principal determination.

Material Proposed to be Incorporated by Reference

Under section 223(b) of the Act and Schedule 5 of the Commerce Act 1986, the Commission gives notice that it has also incorporated material by reference into the principal determination. The material incorporated by reference is:

1. International Standard on Assurance Engagements (New Zealand) 3000 (Revised), Assurance Engagements Other than Audits or Reviews of Historical Financial Information, issued by the New Zealand Auditing and Assurance Standards Board of the External Reporting Board in July 2014, under section 12(b) of the Financial Reporting Act 2013, and incorporating any amendments up to and including June 2020 (“ISAE (NZ) 3000 (Revised)”); and
2. Standard on Assurance Engagements 3100 (Revised) – Assurance Engagements on Compliance, issued by the New Zealand Auditing and Assurance Standards Board of the External Reporting Board in March 2017, under section 12(b) of the Financial Reporting Act 2013, and incorporating amendments up to and including June 2020 (“SAE 3100 (Revised)”).

Further Information

Copies of the principal determination and the Fibre ID Amendment determination are available on the Commission’s website at https://comcom.govt.nz/regulated-industries/fibre/information-disclosure-requirements-for-fibre/current-information-disclosure-requirements-for-fibre.

The ISAE (NZ) 3000 (Revised) and SAE 3100 (Revised) are available on the External Reporting Board’s (XRB) publication website: https://www.xrb.govt.nz/standards/assurance-standards/other-assurance-engagement-standards.

The ISAE (NZ) 3000 (Revised) and SAE 3100 (Revised) are also available for inspection during the hours of 8.30am to 5.00pm, Monday to Friday, by appointment, at the Commerce Commission, Level 9, 44 The Terrace, Wellington.

Dated this 28th day of July 2022.

COMMERCE COMMISSION.