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.

The Commission is reviewing the input methodologies (IMs), which it is required to do within 7 years of setting them. We published our draft decisions papers on the IM review on 16 June 2016. This included a topic paper on the related party transaction provisions (Topic 7).

Areas of focus in that topic paper include:

  • the valuation of related party transactions
  • the visibility of related party transactions under the current rules
  • the compliance costs and any unwarranted complexity of the related party transactions provision
  • the ability to gain excessive profit under the current related party transaction rules.

We have made a decision to separate our review of the related party transaction issues from the final decisions on the IM review. The separate indicative timeline for this review is set out below.

Current documents


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
Draft Draft decision on IM review of related party transactions provisions due 03/07/2017 - 31/08/2017
Consultation Submissions on related party transactions draft decision due 01/09/2017 - 29/09/2017
Final Final decision on related party transactions IM and ID provisions due 01/11/2017 - 22/12/2017

Disclaimer

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

Documents

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