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Natural Environment Bill

Enforcement and other matters - Regulations - Natural resource levies

315: Regulations relating to moneys collected from market based allocation mechanisms

You could also call this:

"Rules for money collected from special allocation systems"

Illustration for Natural Environment Bill

The Governor-General can make rules about money collected from market-based allocation mechanisms. You will see these rules used to decide how much money can be given to certain people to help pay for costs. The Minister must follow certain steps before recommending these rules, as set out in section 70, and consider sections 333(4) and 334(3).

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1541622.

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Money and consumer rights > Taxes
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314: Conditions to be satisfied before regulations made under section 313, or

"Rules the Minister must follow before making new environment regulations"

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316: Restrictions on use of market allocation method, or

"Rules to stop unfair use of resources in certain areas"

Part 6Enforcement and other matters
Regulations: Natural resource levies

315Regulations relating to moneys collected from market based allocation mechanisms

  1. The Governor-General may, by Order in Council, on the recommendation of the Minister, make regulations identifying any proportion of the revenue collected from market-based allocation mechanisms that may be transferred to persons specified in the regulations for the purpose of spending on the costs described in sections 333(4) and 334(3).

  2. Before recommending the making of regulations under subsection (1), the Minister must comply with section 70 as if the recommendation for regulations were for a proposed national direction.

Notes