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432: Obligation to prepare regional policy statements and coastal plans within 2 years
or “Regional councils must create and share plans for their area's resources within a set time.”

You could also call this:

“This rule explains how to collect money for managing water, even though the old law changed.”

If someone set special charges for using water during the year that ended on 30 June 1992, these charges can still be collected. This is true even though the law that allowed these charges to be set (called the Water and Soil Conservation Act 1967) has been replaced by a new law. You can think of it like this: even though the old rules have changed, the money owed under those old rules still needs to be paid.

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Next up: 434: Transitional provisions for amendments made on or after commencement of Resource Management Amendment Act 2013

or “Rules for changes to the law about managing New Zealand's environment after 2013”

Part 15 Transitional provisions
Miscellaneous provisions

433Collection of water management charges

  1. All charges fixed by special order made under section 24K of the Water and Soil Conservation Act 1967 in respect of the financial year ending with 30 June 1992 may be collected as if that Act had not been repealed by this Act.