National policy structure:
The Code applies to industry participants or people acting on behalf of industry participants. All industry participants must comply with the Code, unless they have been exempted from complying with the Code. All the industry participants are listed in section 7 of the Electricity Industry Act 2010 (Act). Section 5 of the Act includes definitions of the various types of industry participants.
Energy institutional structures:
As the regulator of New Zealand’s electricity industry, the Authority makes and administers the Code. The Code must be consistent with the Authority’s statutory objective, which is to promote competition in, reliable supply by, and the efficient operation of, the electricity industry for the long-term benefit of consumers.