21 Jun 2018
CITY FINANCIAL INVESTMENT COMPANY (NEW ZEALAND) LTD v TRANSPOWER NEW ZEALAND LTD [2018] NZHC 1488
- Citation
- [2018] NZHC 1488
- Court
- High Court
The Court held there was no prima facie breach of the Code: Transpower's annual reports had specified minimum bipole service levels in aggregate and aggregate bipole capacity was maintained after the 2016 change (no breach of cl 12.111); the failure to publish the 2016 report was inadvertent and immaterial (cl 12.118); 'capacity/capability' in cl 13.30 is not confined to a single engineering-only meaning and Transpower provided accurate operational data; clause 7.10 is interpretive and does not impose a freestanding enforceable obligation beyond assessing conduct under the Code; the Authority…