New Zealand Legislation: Acts

11 Levy

• (1) Every service provider, or class of service providers, specified in regulations made under subsection (3) must pay to the Minister, in each financial year or part financial year (as the case may require), a levy of an amount stated in, or calculated or set or reset in accordance with, those regulations for, or in connection with,—

  • (a) the performance of the Commission's functions and duties under this Act; and

  • (b) the exercise of the Commission's powers under this Act.

  (2) Subsection (1) applies irrespective of the fact that the regulations are made and come into effect after the date on which the financial year or part financial year commences.

  (3) The Governor-General may, by Order in Council made on the recommendation of the Minister, make regulations—

  • (a) specifying the amounts of levies payable under this section:

  • (b) providing for the method by which those levies will be calculated:

  • (c) specifying the criteria and other requirements by and against which those levies will be set or reset:

  • (d) specifying the financial year or part financial year to which those levies apply:

  • (e) providing for the payment and collection of those levies:

  • (f) exempting any service provider or class of service providers from paying levies under this section:

  • (g) providing for waivers or refunds of the whole or any part of any levy paid by any service provider or class of service providers under this section.