Auckland, Wellington and Christchurch international airports are subject to information disclosure (ID) regulation under Part 4 of the Commerce Act 1986.
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).
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.
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 or whether further regulation should be considered.