Dairy Industry (Fonterra Levy) Regulations 2015

  • revoked
  • Dairy Industry (Fonterra Levy) Regulations 2015: revoked, on 9 June 2016, by regulation 5 of the Dairy Industry (Fonterra Levy) Regulations 2016 (LI 2016/87).

Reprint as at 9 June 2016

Coat of Arms of New Zealand

Dairy Industry (Fonterra Levy) Regulations 2015

(LI 2015/92)

Dairy Industry (Fonterra Levy) Regulations 2015: revoked, on 9 June 2016, by regulation 5 of the Dairy Industry (Fonterra Levy) Regulations 2016 (LI 2016/87).

Jerry Mateparae, Governor-General

Order in Council

At Wellington this 11th day of May 2015

Present:
The Right Hon John Key presiding in Council

Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

These regulations are administered by the Ministry for Primary Industries.

Pursuant to section 134 of the Dairy Industry Restructuring Act 2001, His Excellency the Governor-General makes the following regulations, acting—

(a)

on the advice and with the consent of the Executive Council; and

(b)

on the recommendation of the Minister for Primary Industries made in accordance with section 134 of that Act.

Regulations

1 Title

These regulations are the Dairy Industry (Fonterra Levy) Regulations 2015.

2 Commencement

These regulations come into force on 11 June 2015.

3 Levy

The Fonterra Co-operative Group Limited must pay a levy of $815,259 to the Minister for the financial year beginning on 1 July 2014 and ending on 30 June 2015.

4 Levy exclusive of GST

The amount of the levy in regulation 3 is exclusive of goods and services tax.

5 Revocation

Michael Webster,
Clerk of the Executive Council.

Explanatory note

This note is not part of the regulations, but is intended to indicate their general effect.

These regulations, which come into force on 11 June 2015, require the Fonterra Co-operative Group Limited to pay a levy of $815,259 for the 2014/15 financial year.

The levy has been calculated by deducting an over-recovery of $84,690 in the 2013/14 financial year from the estimated costs of $899,949 for the 2014/15 financial year.

The purpose of the levy is to pay the Commerce Commission’s costs of making and enforcing determinations under the Dairy Industry Restructuring Act 2001, enforcing certain parts of that Act, and conducting reviews under subpart 5A of Part 2 of that Act.

These regulations also revoke the Dairy Industry (Fonterra Levy) Regulations 2014, which are now spent.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 14 May 2015.

Reprints notes
1 General

This is a reprint of the Dairy Industry (Fonterra Levy) Regulations 2015 that incorporates all the amendments to those regulations as at the date of the last amendment to them.

2 Legal status

Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.

3 Editorial and format changes

Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/.

4 Amendments incorporated in this reprint

Dairy Industry (Fonterra Levy) Regulations 2016 (LI 2016/87): regulation 5