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Arms Bill

Miscellaneous provisions - Cost recovery

373: Five-yearly review of cost recovery

You could also call this:

"The Minister checks the cost recovery rules every 5 years to make sure they are fair."

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The Minister in charge must check the cost recovery methods and levels at least once every 5 years. You will see this happen after the cost recovery levels and methods are first set or changed. The Minister must talk to people, as outlined in section 372, when doing a review. The Minister does not have to review all cost recovery areas at the same time. They can also make changes after the review without a time limit. This means the Minister can update the rules whenever they are ready. The Minister's review will help make sure cost recovery is working properly. You can expect this to happen regularly, every 5 years, to keep things fair. This is an important part of making sure the cost recovery system is fair and effective.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1534144.

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Part 8Miscellaneous provisions
Cost recovery

373Five-yearly review of cost recovery

  1. The responsible Minister must review the methods and levels of cost recovery at least once in every 5-year period that occurs since the original setting of, or latest change to, the cost recovery levels and methods.

  2. The Minister must ensure that consultation in accordance with section 372 takes place in relation to a review.

  3. Subsection (1) does not—

  4. require all areas of cost recovery to be reviewed at the same time:
    1. impose any time limit on the making of regulations to implement the results of a review.