October 1999
Commission exempts Colonial's property activities from the Electricity Industry Reform Act
28 October 1999
The Commerce Commission has given an exemption under section 81 of the Electricity Industry Reform Act (the EIR Act) to Colonial First State Property (NZ) Limited (CFSPL) and certain other New Zealand subsidiaries of the Colonial Group and persons which are involved with Colonial's property investment activities in New Zealand. The exemption is from the application of certain sections of the EIR Act for specified property investment and management activities which relate to the Colonial Group in New Zealand.Relates to: Electricity
September 1999
Commission exempts Broadcast Communications Ltd and TVNZ Ltd from the Electricity Industry Reform Act
30 September 1999
The Commerce Commission today exempted BCL and its parent TVNZ from the application of the cross-ownership rules of the Electricity Industry Reform Act. The two companies had applied to the Commission for exemption to allow them to continue to own and operate electricity distribution networks, electricity generators and to supply other companies with electricity. Such activities are associated with the services BCL supplies to telecommunications companies and radio and television broadcasters and with TVNZ's property leasing operations. Commission investigations showed that continued ownership would mean that BCL and TVNZ had cross-involvements with electricity lines and electricity supply businesses that are prohibited by the Electricity Industry Reform Act.Relates to: Electricity
Commission exempts AMP's property activities from the Electricity Industry Reform Act
30 September 1999
The Commerce Commission has exempted AMP Limited, certain subsidiaries of AMP and certain other persons, which are involved with AMP's property investment activities, under section 81 of the Electricity Industry Reform Act (EIR Act). The exemption is from certain sections of the EIR Act for specified property investment and management activities undertaken by AMP.Relates to: Electricity
Commission exempts Fletcher Challenge and Fletcher Challenge Steel from the Electricity Industry Reform Act
2 September 1999
The Commerce Commission today exempted Fletcher Challenge Ltd (FCL) and its related company, Fletcher Challenge Steel Ltd, from the application of the cross-ownership rules of the Electricity Industry Reform Act.Relates to: Electricity
