3 Jul 2012

Vector to appeal to Supreme Court

7:16 am on 3 July 2012

Vector is to appeal to the Supreme Court over a recent Court of Appeal ruling in favour of the Commerce Commission on the rules and process for setting starting price adjustments.

In March last year, Vector started a judicial review process which argued the methodology for setting starting prices should be included in final input methodologies.

The High Court ruled in favour of Vector's judicial review action. However, this decision was overturned in the Court of Appeal last month.