Commodity Levies Act 1990

Miscellaneous provisions

14: Levy orders to provide for records to be kept

You could also call this:

"Rules for keeping track of levy payments and records"

Illustration for Commodity Levies Act 1990

When a levy order is made, it must say how people will keep track of things. You will have to keep accounts and records if you are part of an industry organisation, if you collect levies, or if you have to pay a levy. You will have to keep these records for a certain amount of time so people can check if the levy order is being followed.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on 30 August 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM227340.

Topics:

Business > Industry rulesMoney and consumer rights > Taxes

13: Levy orders in force no more than 6 years unless extended, or

"Levy orders last 6 years, but can be extended for up to 5 more years if approved"

15: Compliance audits, or

"Checks to make sure people are following the rules about commodity levies"

Part 2Miscellaneous provisions

14Levy orders to provide for records to be kept

For the purpose of ascertaining whether or not a levy order is being complied with, the order shall provide for—
the keeping of accounts and records of specified classes or descriptions by industry organisations, persons collecting levies, and persons who are or may be liable to pay the levy concerned, or any of them; and
any such records to be retained for a specified period.