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Land Transport Act 1998

Clean vehicle standard - Clean vehicle standard - Category 2 light vehicle importers: obligations and ways of complying with targets

184: Category 2 light vehicle importer may transfer carbon dioxide credits

You could also call this:

“You can share carbon credits with other car importers, but only if you both import the same type of cars (new or used)”

If you import new vehicles as a category 2 light vehicle importer, you can move carbon dioxide credits from your account to another importer’s account who also imports new vehicles. The rules for doing this are set out in the regulations.

If you import used vehicles as a category 2 light vehicle importer, you can move carbon dioxide credits from your account to another importer’s account who also imports used vehicles. Again, you need to follow the rules in the regulations.

It’s important to know that you can’t move credits between accounts for new vehicles and accounts for used vehicles. This means if you have credits in an account for new vehicles, you can’t transfer them to an account for used vehicles, and the other way around.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS649435.

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"Car importers can save extra credits for bringing in low-emission vehicles"

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185: Vehicle importers must hold carbon dioxide accounts, or

"People who bring cars into New Zealand need a special account to track carbon dioxide"

Part 13 Clean vehicle standard
Clean vehicle standard: Category 2 light vehicle importers: obligations and ways of complying with targets

184Category 2 light vehicle importer may transfer carbon dioxide credits

  1. A category 2 light vehicle importer who imports new vehicles may transfer carbon dioxide credits in their carbon dioxide account to the carbon dioxide account of another light vehicle importer who imports new vehicles, in accordance with the regulations.

  2. A category 2 light vehicle importer who imports used vehicles may transfer carbon dioxide credits in their carbon dioxide account to the carbon dioxide account of another light vehicle importer who imports used vehicles, in accordance with the regulations.

  3. No transfer may be made under subsection (1) or (2) between a carbon dioxide account relating to new vehicles and a carbon dioxide account relating to used vehicles.

Notes
  • Section 184: inserted, on , by section 10 of the Land Transport (Clean Vehicles) Amendment Act 2022 (2022 No 2).