Implementation and Review
39. 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.
40. The following transitional arrangement is proposed:
- the Commerce Commission to develop and prepare generic input methodologies and pricing principles to apply to airports to be ready by December 2009;
- the Commerce Commission to specify the information disclosure requirements by December 2009 and for the information disclosure requirements to take effect from then;
- disclosure from the regulated airports would be three months after the end of a financial year; and
- until input methodologies and information disclosure regime specification are finalised, the current information disclosure regulations under the AAA will apply.
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