New Zealand Legislation: Bills

25 Termination or reduction of safeguard measure

• (1) At the Minister’s discretion, the The Minister may, if the Minister is satisfied that there is a good reason to do so,—

  • (a) terminate or reduce, with effect from the next working dayorder the termination or reduction, with effect from a specified date that is after the commencement of the order, of a safeguard measure referred to in section 17(a) or (d)(including if it has been extended under section 22(2)); or

  • (b) recommend the termination or reduction, with effect from a specified date that is after the commencement of the recommended Order in Council, of a safeguard measure referred to in section 17(b) or (c) (including if it has been extended under section 22(2)).

  (2) The Minister must notify the decision to terminate or reduce a safeguard measure.

  (2) An order under subsection (1)(a) is a regulation for the purposes of the Regulations (Disallowance) Act 1989.