August 2008
Court of Appeal confirms decision to control Powerco's and Vector's gas pipeline services
12 August 2008
The Court of Appeal has dismissed a challenge by Powerco Limited to the Commerce Commission's 2004 recommendation to control gas pipeline services supplied by Powerco Limited and Vector Limited. The Court also dismissed Powerco's challenge to the Minister of Energy's subsequent decision to impose control. The Court found that, in recommending price control, the Commission's interpretation of the relevant regulatory provisions in the Commerce Act was "the correct approach".
Relates to: Gas Pipelines
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