New Zealand Legislation: Bills
Bills are proposed Acts
The purpose of this Act is to enable New Zealand to apply safeguard measures and provisional safeguard duties at its border in accordance with the Agreement establishing the World Trade Organization adopted at Marrakesh on 15 April 1994 (the WTO Agreement). Such measures and duties are intended to—
(a) provide temporary protection to a domestic industry from serious injury caused by increased imports; and
(b) facilitate adjustment by a domestic industry to increased competition from increased imports.