Customs Import Prohibition (Coins and Bank Notes) Order 2019

2019/210

Coat of Arms of New Zealand

Customs Import Prohibition (Coins and Bank Notes) Order 2019

Patsy Reddy, Governor-General

Order in Council

At Wellington this 26th day of August 2019

Present:
Her Excellency the Governor-General in Council

This order is made under section 96 of the Customs and Excise Act 2018

(a)

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

(b)

on the recommendation of the Minister of Customs made after being satisfied of the matter set out in section 96(5) of that Act.

Order

1 Title

This order is the Customs Import Prohibition (Coins and Bank Notes) Order 2019.

2 Commencement

This order comes into force on 1 October 2019.

3 Interpretation

In this order, bank note has the same meaning as in section 2(1) of the Reserve Bank of New Zealand Act 1989.

4 Importation of false or counterfeit coin or bank note prohibited

The importation of a false or counterfeit coin or bank note is prohibited.

5 Importation prohibited of coin or bank note that is intended for circulation and that is not legal tender

The importation of a coin or bank note is prohibited if the coin or bank note is—

(a)

intended for circulation in New Zealand; and

(b)

not legal tender in New Zealand.

Michael Webster,
Clerk of the Executive Council.

Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order is made under the Customs and Excise Act 2018 (the Act) and prohibits the importation of—

  • false or counterfeit coins or bank notes; and

  • coins or bank notes that are intended for circulation in New Zealand but that are not legal tender in New Zealand.

This order comes into force on 1 October 2019 and continues prohibitions in section 54(1) and Schedule 1 of the Customs and Excise Act 1996 (as saved by section 9 and clause 8 of Schedule 1 of the Act), which expire at the close of 30 September 2019.

This order is a confirmable instrument under section 47B of the Legislation Act 2012. It will be revoked at the close of 31 December 2020 unless earlier confirmed by an Act of Parliament. That stated time is the applicable deadline under section 47C(1)(b) of that Act.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 29 August 2019.

This order is administered by the New Zealand Customs Service.