Notice of Exemption The commission, pursuant to section 81, exempts Fletcher Challenge Limited and Fletcher Challenge Steel Limited from the application of section 17 of the Electricity Industry Reform Act 1998, in relation to a prohibited cross-involvement in an electricity lines business. The exemption is subject to the following terms and conditions: (a) That if FCL or any related company of FCL commences supplying line function services or electricity to other than another FCL related company FCL shall notify the commission. (b) That if FCL or any related company of FCL commences electricity generation for other than its own consumption FCL shall notify the commission. (c) That FCL and any related company of FCL shall advise the commission of any increased or new charge which comprises any component of the electricity price charged to any person provided with line function services or electricity. (d) That FCL and any related company of FCL shall not introduce a charge to any of the consumers it supplies with electricity for the use of its electricity lines business. (e) That should consumers currently supplied with line function services and electricity by FCL or its related companies wish to obtain electricity supplies from other electricity retailers, FCL and its related companies shall not prevent reasonable access to any of their electricity distribution networks by the retailers nor shall they require a use of system agreement for the use of any of their electricity distribution networks. (f) That in order to comply with conditions (a) to (e) FCL shall conduct an annual audit of its related companies and report to the commission on the results of the audit. The first audit report shall be provided to the commission by 30 September 2000. The commission may vary or revoke this exemption in accordance with section 81 (5) of the Electricity Industry Reform Act. The exemption takes effect from the date of publication of this notice in the New Zealand Gazette.