12. Accountability requirements
117. The Government expects the Commission to prioritise work on the objectives and outcomes set out in this Government Policy Statement.
118. In addition to the reporting requirements set out in legislation, the Commission should report at least quarterly to the Minister of Energy on progress against the Government's expectations in this Government Policy Statement.
Status of existing Government Policy and Section 26 Statements
119. For the avoidance of doubt, all other previous Government Policy Statements on Electricity Governance are supplanted by this Policy Statement.
120. A new section 26 Statement will be issued advising the Commerce Commission that this Government Policy Statement is a statement of the Government's economic policies within the meaning of that section.
Hon Gerry Brownlee
Minister of Energy and Resources
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