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Offshore Renewable Energy Bill

Decommissioning of ORE infrastructure - Obligation to provide Crown with financial security - Alteration of acceptable financial security arrangements

86: Affected person may object to alterations to acceptable financial security arrangement

You could also call this:

"You can object to changes in a financial plan if you don't agree with them."

Illustration for Offshore Renewable Energy Bill

If you get a written notice about a change to a financial security arrangement, you can object to it. You have 30 working days to send a written notice to the Minister saying why you object. You must include reasons for your objection and any evidence or information that supports it, and say which criteria in this subpart you think are relevant, as outlined in the notice you received under section 85(1). If you object, you cannot object again to the same change unless something changes. You need to think carefully before you object because you can only do it once, unless circumstances change.

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This page was last updated on 29 June 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS992249.

85: Minister must notify alterations to acceptable financial security arrangement, or

"Minister must inform you in writing about changes to your financial security arrangement."

87: What happens if affected person makes objection, or

"What happens if you disagree with a decision and want to object?"

Part 3Decommissioning of ORE infrastructure
Obligation to provide Crown with financial security: Alteration of acceptable financial security arrangements

86Affected person may object to alterations to acceptable financial security arrangement

A person who receives written notice under section 85(1) may, within 30 working days of receiving that notice, object to the required change by notice in writing to the Minister.
The notice of objection must be accompanied by reasons for, and evidence or other information supporting, the objection and refer to the criteria in this subpart that the objector considers relevant.
A person who has made an objection cannot make any subsequent objection to the required acceptable financial security arrangement or required change described in the notice unless there is a change in circumstances.