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C05/16 – ACCOUNTING SEPARATION, COST ACCOUNTING SYSTEMS, COST ORIENTATION AND RETAIL PRICE NOTIFICATION
On 1st September 2016, the Authority issued Public Consultation C04/16 in order to gain a better understanding of the industry’s views on whether the use of Current Cost Accounting (CCA) for operators designated as having significant market power (SMP) was still beneficial and proportionate.
The Authority received submissions from one operator listed below by close of the consultation period. The detailed responses to the consultation was provided by:
The Authority thanks the respondent for its submissions.
Having considered the views of the respondent to the Public Consultation, this Response to Consultation and Decision sets out the Authority’s conclusions regarding the use of CCA with reference to compliance with accounting separation, cost accounting systems, cost orientation and retail price notification obligations by SMP operators.