Farm Debt Mediation Regulations 2020

2020/62

Coat of Arms of New Zealand

Farm Debt Mediation Regulations 2020

Patsy Reddy, Governor-General

Order in Council

At Wellington this 14th day of April 2020

Present:
The Right Hon Jacinda Ardern presiding in Council

These regulations are made under section 64 of the Farm Debt Mediation Act 2019 on the advice and with the consent of the Executive Council.

Regulations

1 Title

These regulations are the Farm Debt Mediation Regulations 2020.

2 Commencement

These regulations come into force on 1 July 2020.

3 Forestry not primary production business

For the purposes of the definition of primary production business in section 6(1) of the Farm Debt Mediation Act 2019, a business undertaking that primarily involves forestry is not a primary production business.

4 Transitional, savings, and related provisions

The transitional, savings, and related provisions (if any) set out in Schedule 1 have effect according to their terms.

Schedule 1 Transitional, savings, and related provisions

r 4

Part 1 Provisions relating to these regulations as made

There are no transitional, savings, or related provisions relating to these regulations as made.

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 1 July 2020, relate to the definition of a primary production business in the Farm Debt Mediation Act 2019 (the Act). Farmers who are engaged in a primary production business, such as dairy farmers, grape growers, or shellfish farmers, are able to use the farm debt mediation scheme established by the Act. These regulations exclude business undertakings primarily involving forestry from the definition of primary production business. As a result, farmers whose primary business is forestry will be unable to use the farm debt mediation scheme to reach agreement in relation to debts relating to that business.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 16 April 2020.

These regulations are administered by the Ministry for Primary Industries.