The notice of exemption concerns an application received by the Commerce Commission ("the Commission") on
10 February 2004, made by Auckland International Airport Limited ("AIAL") and varied by consent on 26 February 2004, such that Dr Keith Turner is the applicant.
Dr Keith Turner seeks in the application, under section 81 of the Electricity Industry Reform Act 1998 ("EIR Act"), an exemption from section 17 of the EIR Act in respect of his proposed directorship of AIAL.
The Commission, pursuant to section 81 of the EIR Act, exempts Dr Keith Turner from the application of section 17 of the EIR Act in respect of his proposed cross-involvement in an electricity lines and an electricity supply business.
The exemption is subject to the following terms and conditions:
(a) That Meridian Energy Limited shall not enter into any kind of contract or arrangement with Auckland International Airport Limited that relates to the use of Auckland International Airport Limited's electricity distribution network whilst Dr Keith Turner is involved with Meridian Energy Limited and a director of Auckland International Airport Limited; and
(b) That Dr Keith Turner informs the Commission if he becomes a director of any company other than those described in his application for exemption.
The exemption takes effect from the date of publication
of this notice in the New Zealand Gazette.
The Commission may vary or revoke this exemption at any time in accordance with section 81 (5) of the EIR Act.