This note is not part of the amendment but is intended to indicate its general effect.

This amendment to the Electricity Industry Participation Code 2010 (the Code) comes into force on 31 July 2023.

The amendment amends Schedule 12.4 of the Code (the Transmission Pricing Methodology) in several places to correct errors and make technical improvements.

The amendment also makes permanent one amendment which was previously made urgently (clause 17 which was previously made under clause 4 of the Electricity Industry Participation Code Amendment (Residual Charge Adjustment Factor) 2023 and which would otherwise expire 9 months after the date it came into force under that amendment).

More information about the amendments is available on the Electricity Authority's website

https ://www.ea.govt.nz/ development/work-programme/pricing-cost-allocation/transmissionpricing-review / development/