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71. Implementation of the proposals in this paper requires amendment to the Commerce Act 1986. It is proposed that a Commerce Act Amendment Bill will be passed by mid 2008.

72. The following transitional arrangement is proposed:

1. The Commerce Commission to develop and prepare generic input methodologies and pricing principles to apply to airports to be ready by December 2009;
2. The Commerce Commission to specify the information disclosure requirements by December 2009 and for the information disclosure requirements to take effect from then;
3. Disclosure from the regulated airports would be three months after the end of a financial year;
4. Until input methodologies and information disclosure regime specification are finalised, the current information disclosure regulations under the AAA will apply;