Energy (Fuels, Levies, and References) Amendment Act 2015

If you need more information about this Act, please contact the administering agency: Ministry of Business, Innovation, and Employment

Part 1
Amendments to Part 3 (Levies)

4 Section 14 amended (Purpose of levies)

  • (1) After section 14(2)(b), insert:

    • “(ba) compliance by the Crown with New Zealand’s obligation, under Article 2 of the International Energy Agreement, to maintain the emergency reserve commitment set out in that Article; and”.

    (2) After section 14(2), insert:

    • “(3) Levies recovered under section 24 may be applied for the purpose of meeting the reasonable costs and expenses incurred by the Crown for the purpose set out in subsection (2)(ba) on and from 1 July 2013, even though subsection (2)(ba) commences after that date.

    • “(4) In this section, International Energy Agreement has the meaning given in section 2 of the International Energy Agreement Act 1976.”