1. Pursuant to section 172I of the Electricity Act
1992, I notify the amendment of the Electricity Governance Rules 2003 (“Rules”) under section 172H of the Electricity Act 1992.
2. The empowering provisions for the electricity governance regulations in relation to which the Rules are made are sections 172D (1) (3) and 172D (1) (4) of the Electricity Act 1992.
3. Brief descriptions of the nature of the amendments are as follows:
? Clarify when the system operator must submit the
draft policy statement to the Electricity Commission (“Commission”) and when the draft policy statement comes into effect; and
? require the Commission to use reasonable endeavours
to bring the policy statement into effect no later than
1 September each year.
4. The amendment is made in reliance on section 172F (3) of the Electricity Act 1992.
5. Pursuant to section 172Z (4) of the Electricity Act 1992, the reasons for my decision to amend the Rules are that:
? the amendment clarifies the Rules; and
? the amendment ensures that the Commission has sufficient time to bring a new policy statement into effect.
6. This Rule comes into force on 19 May 2005.
7. Copies of the Rules may be inspected free of charge or purchased from the Electricity Commission, Level Seven, ASB Bank Tower, 2 Hunter Street, Wellington.
The Rules can also be viewed on the Electricity Commission web site:
http://www.electricitycommission.govt.nz/rulesandregs/rules
Dated at Wellington this 12th day of April 2005.
TREVOR MALLARD, Minister of Energy.