On 4 July 2017, we published our proposed Draft Amended Ring-fencing Guideline and accompanying Explanatory Statement.
The Guideline amendment process is intended to address the need for improved clarity of certain terms and definitions used in the Guideline and to address unintended consequences stemming from the way the Guideline is presently drafted. This will facilitate compliance with the Guideline by electricity distributors by 1 January 2018. It is not intended to reconsider other aspects of the Guideline or look at any broader changes.