Media Release

Issued 11 December 2008/no 072

Commerce Commission announces input methodologies processes and timeframes

In accordance with section 52V(1) of the Commerce Act 1986, the Commerce Commission has issued a notice of intention outlining the process that will be followed and setting out the proposed timeframes for the input methodologies project. The project aims to provide enhanced transparency and certainty within the regulatory regimes administered under the Commerce Act.

The requirement to develop input methodologies is one of the key changes to the Commission’s regulatory responsibilities under the Commerce Amendment Act 2008. Input methodologies involve setting upfront regulatory methodologies, rules, processes, requirements and evaluation criteria that are directly (or indirectly) relevant for applying the regulatory instruments for undertaking Part 4 inquiries. Once input methodologies are determined, they will apply to both regulated parties and the Commerce Commission.

The Commission intends to publish regular updates and any process refinements on its website www.comcom.govt.nz under Industry Regulation/Input Methodologies. If you wish to be kept up to date with the input methodologies project, please send an email to npb[at]comcom.govt.nz with ‘Subscribe’ in the subject line.

See... Full release with background (PDF)

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