When regulations are being planned under this part of the law, the Bank has to give the Minister some advice. This advice is about the proposed regulations and it's called levy advice. The Bank must do this before the regulations are made.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS501851.
240: Minister must also have regard to statement of funding approach and Bank’s advice, or
"The Minister must think about the funding plan and the Bank's advice when making decisions."
242: Process for developing Bank’s advice, or
"How the Bank develops advice on a levy by talking to people who might be affected"
The Bank must, before regulations are made under this subpart, give the Minister advice about the proposed regulations (levy advice).
