45Planning by consumer trustee

45 Planning by consumer trustee

45 Planning by consumer trustee

(1) The consumer trustee is to prepare a report about the infrastructure investment objectives that contains—

(a) the development pathway for the infrastructure to which this Part applies that is required to be constructed over the following 20 years to achieve the infrastructure investment objectives, and

(b) a plan for the competitive tenders that the consumer trustee will conduct during the following 10 years to give effect to the development pathway, including when tenders will be conducted and the classes of LTES agreements for which a tender will be conducted, and

(c) other matters prescribed by the regulations.

(2) The consumer trustee is to prepare a report—

(a) as soon as practicable after the commencement of this section, and

(b) approximately every 2 years after the first report.

(3) The consumer trustee is also to prepare a report as soon as practicable after being directed by the Minister under section 47(2) to conduct a competitive tender for LTES agreements for firming infrastructure.

(4) The regulations may prescribe the matters that the consumer trustee is to take into account in preparing the report.

(5) The report is to be published on the consumer trustee’s website.

(6) The consumer trustee is to exercise its functions under this Part on the basis of the reports prepared under this section.

s 45: Am 2023 No 49, Sch 1[6].