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Financial Service Providers (Registration and Dispute Resolution) Act 2008

Dispute resolution - Miscellaneous - Regulations under this Part

79AA: Appointment of interim dispute resolution scheme

You could also call this:

“The Governor-General can set up a temporary way to solve disagreements”

In New Zealand, the Governor-General can appoint a temporary dispute resolution scheme. This is called an interim dispute resolution scheme. The Governor-General does this based on what the Minister recommends.

When appointing the scheme, the Governor-General can set conditions for how it will work. They also decide how long the scheme will last. The Governor-General can also cancel the appointment if needed.

Before the Minister can recommend appointing a scheme, they must follow certain rules. These rules are outlined in section 79(1B) of the law.

The Minister can recommend cancelling the appointment of a scheme if they think it’s no longer needed.

When the Governor-General makes a decision about the scheme, it becomes a type of law called secondary legislation. This means it needs to be published in a specific way, as described in Part 3 of the Legislation Act 2019.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6198373.

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Part 3 Dispute resolution
Miscellaneous: Regulations under this Part

79AAAppointment of interim dispute resolution scheme

  1. The Governor-General may, by Order in Council made on the recommendation of the Minister,—

  2. appoint a dispute resolution scheme to fulfil the functions of the interim dispute resolution scheme (with or without conditions) for a term recommended by the Minister:
    1. revoke an appointment made under paragraph (a).

      1. The Minister may recommend an Order in Council for the purpose described in subsection (1)(a) only after complying with section 79(1B).

      2. The Minister may recommend an Order in Council for the purpose described in subsection (1)(b) if the Minister is satisfied that the scheme is no longer required.

      3. An order under this section is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

      Notes
      • Section 79AA: inserted, on , by section 44 of the Financial Service Providers (Registration and Dispute Resolution) Amendment Act 2014 (2014 No 34).
      • Section 79AA(4): inserted, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).