New Zealand Legislation: Acts
Acts are laws made by Parliament
Reprint as at 5 December 2011
| Public Act | 2008 No 85 |
| Date of assent | 25 September 2008 |
| Commencement | see section 2 |
Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.
A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.
This Act is administered by the Ministry for the Environment.
7 Minister of Finance may give directions to Registrar regarding accounts and units
8 Registrar must give effect to directions of Minister of Finance
9 Minister of Finance may obtain information from inventory agency and Registrar
13 Registrar must allocate unique numbers
16 Form and content of unit register
20 New sections 18CA, 18CB, 18CC, and 18CD inserted
22 Transactions must be registered
26 Receiving units from overseas registries
29 Correction of unit register
30 Unit register must be open for search
33 Crown or Registrar not liable in relation to searches in certain cases
34 New heading and sections 30E to 30K inserted
30E Conversion of New Zealand units into designated assigned amount units for sale overseas or cancellation
35 New Part 3 heading substituted
36 Primary functions of inventory agency
37 Inventory agency under direction of Minister responsible for inventory agency
39 Authorisation of inspectors
40 Power to enter land or premises to collect information to estimate emissions or removals of greenhouse gases
41 Limitation on power of entry under section 37
43 Obstructing, hindering, resisting, or deceiving person exercising power under Act
49 Inventory agency must report to Minister responsible for inventory agency on certain matters before certain regulations are made
General administrative provisions
104 Information obtained under section 100 or 101 only admissible in proceedings for alleged breach of obligations imposed under this Part and Part 5
166 Procedure for regulations relating to methodologies, verification, unique emissions factors, and offsetting
187 Conditions on registration as participant in respect of certain activities relating to post-1989 forest land
193 Transfer of registration on expiry or termination of registered forestry right, registered lease, or Crown conservation contract in relation to post-1989 forest land
Post-1989 forest land and pre-1990 forest land
208 Purchase of coal or natural gas from wholly owned subsidiary of Part 3 of Schedule 3 participant
220 Additional transitional provision for mandatory reporting for subpart 3 of Part 2 of Schedule 4 participants
51 Regulations upon which consultation has been undertaken before commencement of this section
52 New Schedules 3 and 4 added
53 Process to apply before offsetting provisions may be commenced
54 Amendments to Forests Act 1949
55 Amendments to Forestry Rights Registration Act 1983
56 Amendments to Summary Proceedings Act 1957
57 Amendments to Income Tax Act 2004
58 New heading and section CB 29 inserted
60 New section CX 44F inserted
61 New heading and sections DB 46 and DB 47 inserted
63 Valuation of excepted financial arrangements
64 What is an excepted financial arrangement?
67 Amendments to Income Tax Act 2007
68 New heading and section CB 36 inserted
70 New section CX 48B inserted
71 New heading and sections DB 60 and DB 61 inserted
73 Valuation of excepted financial arrangements
74 What is an excepted financial arrangement?
77 Goods and Services Tax Act 1985
81 Amendments to Personal Property Securities Act 1999
The Parliament of New Zealand enacts as follows:
