New Zealand Legislation: Regulations
Regulations are laws made under Acts
This note is not part of the notice, but is intended to indicate its general effect.
This notice, which comes into force on the day after the date of its notification in the Gazette, amends the Fisheries (Interim and Annual Deemed Values) Notice 2003 by inserting interim and annual deemed values for ribaldo (RIB7).
The Fisheries (Interim and Annual Deemed Values) Amendment Notice (No 2) 2008, which came into force on 30 September 2008, inadvertently omitted the interim and annual deemed values for RIB7 without substituting them with new values, as was the case for other fish stocks. This was clearly an oversight as the amendment notice also set differential deemed values for RIB7. Furthermore, it would not have been intended for the amendment notice to remove the interim and annual deemed values for RIB7 as to do so would have been ultra vires section 75 of the Fisheries Act 1996. That section requires interim and annual deemed values to be set for each quota management stock.
This amendment corrects the error by restoring the interim and annual deemed values for RIB7 that were set out in the principal notice prior to it being amended by the Fisheries (Interim and Annual Deemed Values) Amendment Notice (No 2) 2008.