Vector Limited breached s 87(1)(a) of the Commerce Act by recovering more revenue than it was entitled to under its Price Path for the 2014 and 2015 Assessment Periods. Vector Limited agreed to set its prices so that its Notional Revenue is less that its Allowable Notional Revenue in the 2019 Assessment Period by at least $4,641,248, and its Notional Revenue is less that its Allowable Notional Revenue in the 2020 Assessment Period by at least $9,282,495
PartiesVector Limited
Category
Regulation
Sub-category
Act/Section
Commerce Act s 87(1)(a)
Industry
Electricity, gas, water, and waste services