1. Under sections 38 and 39(3) of the Electricity Industry Act 2010, and having complied with section 39 of that Act, the Electricity Authority gives notice of making the Electricity Industry Participation Code Amendment (Transmission Pricing Methodology Amendments) 2023 (“amendment”).

2. The amendment comes into force on 31 July 2023.

3. The amendment amends Schedule 12.4 of the Electricity Industry Participation Code 2010 (“Code”) (the Transmission Pricing Methodology) in several places to correct errors and make technical improvements.

4. The amendment also makes permanent one amendment which was previously made urgently (clause 17 which was previously made under clause 4 of the Electricity Industry Participation Code Amendment (Residual Charge Adjustment Factor) 2023 and which would otherwise expire 9 months after the date it came into force under that amendment).

5. The amendment is secondary legislation for the purpose of the Legislation Act 2019 and is administered by the Authority.

6. A copy of the amendment and the Code is available on the Electricity Authority's website http://www.ea.govt.nz/code-and-compliance/the-code/.

7. A copy of the amendment and the Code may also be inspected free of charge or purchased from the Electricity Authority, Level 7, Aon Centre, 1 Willis Street, Wellington.

Dated at Wellington this 22nd day of June 2023.

Dr NICOLA LANE CRAUFORD, Chair, Electricity Authority.