Code amendments
Electricity Industry Participation Code Amendment (Requirements and Processes for Audits) 2016
Downloads
Related documents
-
Review of participant audit regime - Decision paper27 June 2016
-
Review of participant audit regime - two additional questions - Consultation paper section 5.312 January 2016, 5 pages
-
Review of participant audit regime - Request for feedback27 January 2015, 12 pages
Explanatory note
This amendment to the Electricity Industry Participation Code 2010 ("Code") comes into force on 1 June 2017.
The amendment inserts a new Part 16A into the Code and makes changes to Parts 1, 10, 11, 15 and 17 of the Code. The amendment clarifies the purpose of the participant audit regime. It improves the governance of the audit regime in order to better align it with international audit best practice. The amendment also improves the operational efficiency of the audit regime in order to better align it with the Electricity Authority's statutory objective.
Legislative information
| Title | Electricity Industry Participation Code Amendment (Requirements and Processes for Audits) 2016 |
|---|---|
| Principal or amendment | Amendment |
| Consolidated version | No |
| Empowering Act and provisions | Electricity Industry Act 2010, section 38 |
| Replacement empowering Act and provisions | Not applicable |
| Maker name | Electricity Authority |
| Administering agency | Electricity Authority |
| Date made | 27 June 2016 |
| Notification date | 30 June 2016 |
| Commencement date | 1 June 2017 |
| End date | Not applicable |
| Consolidation as at date | Not applicable |
| Related instruments | Electricity Industry Participation Code 2010 |