This section contains all current and closed Commission regulatory projects. This includes determinations, reports, inquiries, studies and disclosures relating to telecommunications, electricity lines, gas pipelines, airports and dairy.
The Transpower capital expenditure IM (capex IM) was set in January 2012 and has two major functions. These are to provide for the scrutiny of Transpower's proposed and actual investment, and to incentivise Transpower to deliver those investments effectively.
This disclosure is the third of its kind for Auckland, Wellington and Christchurch International Airports since information disclosure requirements were set under Part 4 of the Commerce Act – referred to as price setting event 3 (PSE3).
In 2014 we were required to make a one-off report to the Ministers of Commerce and Transport on the effectiveness of information disclosure regulation on improving the transparency of the airports' pricing and spending decisions and limiting their ability to earn excessive profits.
The report for Auckland Airport was triggered by the setting of new prices after 2012 and provided Ministers with the opportunity to assess whether information disclosure regulation was effective or whether further regulation should be considered.
The report was triggered by the setting of new prices after 2012. It provided Ministers with the opportunity to assess whether information disclosure regulation was effective for the airports sector, or if further regulation should be considered.