New Zealand Commerce Act 1986
Parts 4 and 4A: Regulated goods and services (electricity lines, gas pipelines, airports, water) and water consumer protection – New Zealand Commerce Act 1986

New Zealand Commerce Act 1986 53K-53ZC: Price-quality regulation: stay within the maximum prices or revenues and meet the quality standards of the applicable price-quality path, and provide the monitoring information required

What does 53K-53ZC require?

A supplier subject to default/customised or individual price-quality regulation must comply with the price-quality path that applies to it: the maximum prices or revenues (or rate of change) for the regulatory period and the quality standards the path specifies, with the consequences the path sets for non-compliance. The supplier may propose a customised price-quality path under sections 53Q to 53X with the verification, assessment and timing rules that apply, must pay the Commission's assessment costs, and must provide the information the Commission requires under section 53N to monitor compliance (including certified compliance statements), in addition to section 98 notices.

Maintained by Gerard Blokdyk

Other controls in Parts 4 and 4A: Regulated goods and services (electricity lines, gas pipelines, airports, water) and water consumer protection – New Zealand Commerce Act 1986

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The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.