Related party transactions provisions

This page contains information on our review of the related party transactions provisions being carried out as part of the input methodologies review.  Related party transactions occur when a regulated business transacts with an entity which is related to it by a common shareholding or other common control.

In December 2017 the Commission completed its review of the input methodologies (IMs) for Related party transactions as part of the Input Methodologies review. The commission is required to review these every 7 years. 

We published our draft decisions papers on the IM review on 16 June 2016 which included a topic paper on related parties transactions [PDF]. We then made a decision to separate our review of the related party transaction issues from the final decisions on the IM review which were published in December 2016.

We published our problem definition paper [PDF] in April 2017, which sought feedback on the problem definition for related party transactions.

A draft decision paper [PDF] was released for consultation on 30 August 2017. We then considered submissions and cross submissions on the draft paper and published our final decision on 21 December 2017.

All of these documents can be found below.

 

Project timeline

Type Description Indicative date/s
Completed IM review draft decisions papers: Topic 7 – Related party transactions 16/06/2016
Completed Related party transactions: Invitation to contribute to problem definition (invitation paper) 12/04/2017
Completed Submissions on invitation paper due 17/05/2017
Completed Draft decision on IM review of related party transactions provisions due 30/08/2017
Completed Submissions on related party transactions draft decision due 27/09/2017
Completed Cross-submissions on related party transactions draft decision due 04/10/2017
Completed Final decision on related party transactions IM and ID provisions due 21/12/2017

Disclaimer

These dates are not official and may change. Please see the Terms and Conditions for further limitations.

Documents

Guidance – Flow chart

07/05/2018 (1 documents)

Guidance on related party disclosure requirements – Flow chart – May 2018 PDF (380 KB)
Published on 07 May 2018

Final determinations

19/12/2017 (10 documents)

Related party transactions – Input Methodologies review – Final decision and determinations guidance – 21 December 2017 PDF (1.4 MB)
Published on 21 December 2017
[2017] NZCC 30 Electricity distribution services input methodologies amendments determination 2017 – 21 December 2017 PDF (1.9 MB)
Published on 21 December 2017
[2017] NZCC 31 Gas distribution services input methodologies amendments determination 2017 – 21 December 2017 PDF (1.7 MB)
Published on 21 December 2017
[2017] NZCC 32 Gas transmission services input methodologies amendments determination 2017 – 21 December 2017 PDF (1.7 MB)
Published on 21 December 2017
[2017] NZCC 33 Electricity distribution information disclosure amendments determination 2017 – 21 December 2017 PDF (1.8 MB)
Published on 21 December 2017
[2017] NZCC 34 Gas distribution information disclosure amendments determination (No.2) 2017 – 21 December 2017 PDF (1.8 MB)
Published on 21 December 2017
[2017] NZCC 35 Gas transmission information disclosure amendments determination (No.2) 2017 – 21 December 2017 PDF (1.8 MB)
Published on 21 December 2017
EDB ID determination templates for schedules 1 to 10 v4.1 2017 – 21 December 2017 Microsoft Excel Spreadsheet (896 KB)
Published on 21 December 2017
GDB ID determination templates for schedules 1 to 10 v4.1 2017 – 21 December 2017 Microsoft Excel Spreadsheet (877 KB)
Published on 21 December 2017
GTB ID determination templates for schedules 1 to 10 v4.1 2017 – 21 December 2017 Microsoft Excel Spreadsheet (880 KB)
Published on 21 December 2017

Cross-submissions on draft decision

05/10/2017 (10 documents)

Aurora Energy – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (312 KB)
Published on 05 October 2017
Centralines – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (58 KB)
Published on 05 October 2017
ENA – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (408 KB)
Published on 05 October 2017
ERANZ – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (297 KB)
Published on 05 October 2017
First Gas – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (442 KB)
Published on 05 October 2017
Horizon Networks – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (338 KB)
Published on 05 October 2017
MEUG – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (99 KB)
Published on 05 October 2017
Powerco – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (89 KB)
Published on 05 October 2017
Unison – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (341 KB)
Vector – Input methodologies review: Related party transactions – Cross-submission on draft decision – 4 October 2017 PDF (282 KB)
Published on 05 October 2017

Submissions on draft decision

28/09/2017 (23 documents)

Aurora Energy – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (318 KB)
Published on 28 September 2017
ENA – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (809 KB)
Published on 28 September 2017
ENA – Attachment to submission – Marked up electricity distribution information disclosure amendments determination – September 2017 PDF (1.5 MB)
Published on 28 September 2017
ENA – Attachment to submission – Marked up electricity distribution services input methodologies amendments determination – September 2017 PDF (2 MB)
Published on 28 September 2017
ERANZ – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (1 MB)
Published on 28 September 2017
First Gas – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (669 KB)
Published on 28 September 2017
Marlborough Lines Limited – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (385 KB)
Published on 28 September 2017
Mercury – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (117 KB)
Published on 28 September 2017
Meridian – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (108 KB)
Published on 28 September 2017
MEUG – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (244 KB)
Published on 28 September 2017
MEUG – Attachment to submission – Transpower works agreement – 26 September 2017 PDF (107 KB)
Published on 28 September 2017
Network Waitaki – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (309 KB)
Published on 28 September 2017
Orion – Input methodologies review: Related party transactions – Submission on draft decision – 22 September 2017 PDF (364 KB)
Published on 28 September 2017
Pioneer Energy – Input methodologies review: Related party transactions – Submission on draft decision – 26 September 2017 PDF (213 KB)
Published on 28 September 2017
Powerco – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (172 KB)
Published on 28 September 2017
PwC Auditors Submission – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (109 KB)
Published on 28 September 2017
PwC Auditors Submission – Attachment to submission – Marked up electricity distribution information disclosure amendments determination – September 2017 PDF (1.4 MB)
Published on 28 September 2017
PwC Auditors Submission – Attachment to submission – Marked up electricity distribution services input methodologies amendments determination – September 2017 PDF (1.8 MB)
Published on 28 September 2017
PwC Group Submission – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (193 KB)
Published on 28 September 2017
Unison Networks Limited – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (300 KB)
Published on 28 September 2017
Vector – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (398 KB)
Published on 28 September 2017
WELL – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (854 KB)
Published on 28 September 2017
Westpower – Input methodologies review: Related party transactions – Submission on draft decision – 27 September 2017 PDF (149 KB)
Published on 28 September 2017

Draft determination

30/08/2017 (11 documents)

EDB related parties infographic PDF (620 KB)
Published on 30 August 2017
Input Methodologies review decision – Draft decision and determinations guidance – 30 August 2017 PDF (1003 KB)
Published on 30 August 2017
[DRAFT] Electricity Distribution Services Input Methodologies Amendments Determination – 30 August 2017 Microsoft Word Document (869 KB)
Published on 30 August 2017
[DRAFT] Gas Distribution Services Input Methodologies Amendments Determination – 30 August 2017 Microsoft Word Document (857 KB)
Published on 30 August 2017
[DRAFT] Gas Transmission Services Input Methodologies Amendments Determination – 30 August 2017 Microsoft Word Document (934 KB)
Published on 30 August 2017
[DRAFT] Electricity Distribution Information Disclosure Amendments Determination (No.2) – 30 August 2017 Microsoft Word Document (400 KB)
Published on 30 August 2017
[DRAFT] Gas Distribution Information Disclosure Amendments Determination (No.3) – 30 August 2017 Microsoft Word Document (435 KB)
Published on 30 August 2017
[DRAFT] Gas Transmission Information Disclosure Amendments Determination (No.3) – 30 August 2017 Microsoft Word Document (416 KB)
Published on 30 August 2017
[DRAFT] Electricity Distribution Information Disclosure Amendments Determination (No.2) 2017 – Schedule 5b – 30 August 2017 Microsoft Excel Spreadsheet (893 KB)
Published on 30 August 2017
[DRAFT] Gas Distribution Information Disclosure Amendments Determination (No.3) 2017 – Schedule 5b – 30 August 2017 Microsoft Excel Spreadsheet (877 KB)
Published on 30 August 2017
[DRAFT] Gas Transmission Information Disclosure Amendments Determination (No.3) 2017 – Schedule 5b – 30 August 2017 Microsoft Excel Spreadsheet (879 KB)
Published on 30 August 2017

Submissions on invitation paper

19/05/2017 (16 documents)

Alpine Energy – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (618 KB)
Published on 19 May 2017
Asplundh – Input methodologies review: Related party transactions – Invitation to contribute to problem definition initial findings – 17 May 2017 PDF (128 KB)
Published on 19 May 2017
Aurora – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (792 KB)
Published on 19 May 2017
Contact – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (162 KB)
Published on 19 May 2017
ENA – Input Methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (853 KB)
Published on 19 May 2017
ERANZ – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (1.8 MB)
Published on 19 May 2017
Genesis Energy – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (509 KB)
Published on 19 May 2017
Meridian – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (157 KB)
Published on 19 May 2017
MEUG – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (98 KB)
Published on 19 May 2017
Nova Energy – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (218 KB)
Published on 19 May 2017
Pioneer Energy – Input Methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (222 KB)
Published on 19 May 2017
Powerco – Input Methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (213 KB)
Published on 19 May 2017
PwC – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (196 KB)
Published on 19 May 2017
Unison – Input Methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (385 KB)
Published on 19 May 2017
Vector – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (119 KB)
Published on 19 May 2017
Wellington Electricity – Input methodologies review: Related party transactions – Invitation to contribute to problem definition – 17 May 2017 PDF (1.5 MB)
Published on 19 May 2017

Invitation to contribute to problem definition

12/04/2017 (1 documents)

Related party transactions – Invitation to contribute to problem definition – 12 April 2017 PDF (952 KB)
Published on 12 April 2017