The Commerce Commission (“Commission”) gives notice that, under section 53ZF and Schedule 5 of the Commerce Act 1986, it has incorporated by reference the New Zealand Equivalent to International Accounting Standard 24, Related Party Disclosures (“NZ IAS 24”), issued by the New Zealand Accounting Standards Board of the External Reporting Board in November 2009, and incorporating any amendments up to and including 31 December 2015, into the:

1. Commerce Act (Specified Airport Services Input Methodologies) Determination 2010, decision number 709; and
2. Transpower Input Methodologies Determination [2012] NZCC 17.

Availability of Material for Inspection

Copies of NZ IAS 24 are available for free download via the External Reporting Board’s website (https://www.xrb.govt.nz/standards/accounting-standards/for-profit-standards/standards-list/nz-ias-24/) and for inspection free of charge, or for purchase at a reasonable price, at the Commission’s office at Level 9, 44 The Terrace, Wellington (during normal office hours).

Dated at Wellington this 13th day of December 2023.

COMMERCE COMMISSION.