54Annual reports—technical and environmental matters

54 Annual reports—technical and environmental matters (1) As soon as practicable after ICRC receives an annual report by a utility in accordance with the licence condition mentioned in section 25 (2) (d), it must— (a) give a copy of the technical section of the report to the technical regulator; and (b) give a copy of the environmental section of the report to— (i) the environment protection authority; and (ii) the director-general responsible for the Water Resources Act 2007. (2) For this section— (a) the technical section of the report is the part concerning the utility’s compliance with the requirements under this Act in relation to technical codes; and (b) the environmental section of the report is the part concerning the utility’s compliance with the requirements under this Act in relation to the protection of the environment. (3) Without limiting the requirements mentioned in section 25 (2) (d), ICRC may, in writing, require a utility to prepare annual reports with separate technical and environmental sections.

Note 1 This part is a tax law under the Taxation Administration Act 1999. As a tax law, this part is subject to provisions of the Taxation Administration Act 1999 about the administration and enforcement of tax laws generally. Note 2 This part applies to NERL retailers (see s 75B).