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Electricity Industry Act 2010

Miscellaneous - Amendments to other enactments - Amendments to Commerce Act 1986

148: Commission's costs in setting customised price-quality path

You could also call this:

“Commission can charge for setting and reviewing special pricing rules”

The law about the Commission’s costs for customised price-quality paths is changing. You need to know about three main changes.

First, the title of the law is changing. It used to talk about the costs of setting a customised price-quality path. Now, it will also include the costs of assessing and reconsidering these paths.

Second, the law now says the Commission can charge for more things. Before, they could only charge for setting the path. Now, they can charge for assessing a proposal, setting the path, and reconsidering it.

Third, there’s a new rule about refunds. If you pay the Commission more than it costs them to assess your proposal and set or reconsider your path, they might give you some money back.

These changes make the law clearer about what the Commission can charge for and what happens if you pay too much.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3019751.

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"Rules for setting prices on different goods and services"

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Part 5 Miscellaneous
Amendments to other enactments: Amendments to Commerce Act 1986

148Commission's costs in setting customised price-quality path

  1. The heading to section 53Y is amended by omitting in setting and substituting relating to assessing, setting, and reconsidering.

  2. Section 53Y(1) is amended by omitting setting and substituting assessing a proposal for, and setting or reconsidering,.

  3. Section 53Y is amended by inserting the following subsection after subsection (1):

  4. If the amount paid by a person in respect of a proposal for a customised price-quality path exceeds the Commission's costs in assessing the proposal and (if applicable) setting or reconsidering the customised price-quality path, the Commission may refund the excess to the person who paid it.

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