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This page is about a bill. That means that it's not the law yet, but some people want it to be the law. It could change quickly, and some of the information is just a draft.

Natural Environment Bill

Foundations - National instruments - National standards

87: National standards or regulations may set operational details for market-based allocation process

You could also call this:

"National rules can guide how we allocate natural resources"

Illustration for Natural Environment Bill

The proposed law says national standards or regulations can decide how a market-based allocation process works. You will be able to use this process to get a permit for using a natural resource. The standards or regulations can also set rules for things like how the process is used and who is eligible.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1541202.

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Topics:
Environment and resources > ConservationEnvironment and resources > Town planning
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Part 2Foundations
National instruments: National standards

87National standards or regulations may set operational details for market-based allocation process

  1. National standards or regulations may—

  2. require or permit the use of a market-based allocation process to determine the allocation of a right to apply for a permit for a natural resource use activity; and
    1. impose any operational requirements relating to such matters as—
      1. the use of a market-based allocation process; and
        1. the processes, including auction and tender processes, to be followed; and
          1. eligibility criteria.