New Zealand Acts

COMMERCE ACT 1986 - SECT 53Q

53Q Supplier may propose customised price-quality path

1 At any time after a default price-quality path is set by the Commission, a supplier that is (or is likely to be) subject to the default price-quality path may make a proposal to the Commission for a customised price-quality path to apply to that supplier.

2 Every proposal must—

a) comply with the input methodologies referred to in section 52T(1)(d) relating to the process for, and content of, customised price-quality path proposals; and

b) be made within the period, or by the annual date, specified for the purpose in the section 52P determination; and

c) include the standard application fee for customised price-quality path proposals; and

d) apply or adopt all relevant input methodologies.

3 A supplier may make only 1 proposal during a regulatory period, and may not make a proposal within the 12 months before a default price-quality path is due to be reset.

4 A supplier that makes a proposal must make it publicly available as soon as practicable after it has been made to the Commission.

History: Section 53Q: inserted, on 14 October 2008, by section 4 of the Commerce Amendment Act 2008 (2008 No 70).