This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 July 2014, amend the Commerce (Levy on Suppliers of Regulated Goods and Services) Regulations 2009 (the principal regulations). In particular, they replace the definitions of the terms actual Commission costs and estimated Commission costs to take account of the possibility of funding the Commission’s activities under Part 4 of the Commerce Act 1986 by multi-year appropriation, or a combination of annual and multi-year appropriations, within an annual levy framework.
Date of notification in Gazette: 29 May 2014.
These regulations are administered by the Ministry of Business, Innovation, and Employment.