We have considered submissions received on the TPM second issues paper and have decided to consult on refinements to the proposal for new TPM guidelines.  

We intend to release a supplementary TPM consultation paper on the proposed refinements on 6 December 2016, with submissions due on 10 February 2017. 

On 6 December 2016, we also intend to publish a response to points raised in submissions on the second issues paper. 

We will consider whether any further process steps are required, for example cross submissions or a hearing, after considering submissions on the supplementary TPM consultation paper. 

Subject to the review of submissions on the supplementary consultation paper, we expect to publish our decision on the TPM guidelines in mid-April 2017.