New Zealand Legislation: Acts

21 Purpose

• (1) The purpose of this subpart is to—

  • (a) maximise the economic benefits to New Zealand arising from tariff quotas maintained by foreign governments controlling access to their domestic markets:

  • (b) provide that the New Zealand dairy industry is the recipient of these benefits:

  • (c) safeguard New Zealand’s interests in respect of those tariff quotas:

  • (d) ensure that the administrative and other arrangements made are consistent with New Zealand’s international obligations.

  (2) The Crown owns the rights to secure the economic benefits deriving from the tariff quotas referred to in subsection (1).

  (3) Those rights in respect of designated markets described in Schedules 5 and 5A are or will be allocated as provided by this subpart.

  (4) This subpart does not prevent the Crown from engaging in international trade negotiations for the purpose of establishing, amending, or terminating tariff quotas.

  Compare: 1999 No 97 s 12

  Section 21(3): amended, on 15 December 2007, by section 5 of the Dairy Industry Restructuring Amendment Act 2007 (2007 No 107).