New Zealand Legislation: Regulations

12 NZPGA must fix actual rate of levy

• (1) NZPGA must fix the rate of levy for the first levy year at its annual meeting in 2008, which meeting may be held before the commencement of this order.

  (2) NZPGA must fix the actual rate of levy for each later levy year—

  • (a) at an annual general meeting; or

  • (b) at a special general meeting called for that purpose.