New Zealand Law Society - Commission proposes information disclosure determination amendments

Commission proposes information disclosure determination amendments

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The Commerce Commission is proposing amendments to information disclosure determinations for airport services, electricity distribution and gas pipeline businesses to address identified issues for the 2018 disclosure years for airport, electricity distribution and gas pipeline services.

The Commission says it proposes two rounds of amendments to the information disclosure determinations in 2017.

"We are proposing amendments on a fast track basis to the disclosure year dates in our information disclosure requirements relating to gas pipeline businesses and gas transmission businesses. Currently our information disclosure determinations for gas distribution businesses and gas transmission businesses do not include disclosure year dates applicable to First Gas and these changes will deal with this," it says.

"We are also planning to separately consult later in 2017 on a standard track basis on other technical amendments for information disclosure requirements relating to airport services, electricity distribution and gas pipeline businesses, which will cover essential consequential changes from our Input Methodologies Review."