Land Transport (Clean Vehicle Standard) Amendment Bill (No 2) - Amendment paper No 444
Land Transport (Clean Vehicle Standard) Amendment Bill (No 2) - Amendment paper No 444
Land Transport (Clean Vehicle Standard) Amendment Bill (No 2) - Amendment paper No 444
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No 444
House of Representatives
Amendment Paper
Land Transport (Clean Vehicle Standard) Amendment Bill (No 2)
Proposed amendments
Hon Chris Bishop, in Committee, to move the following amendments:
New clause 5A
After clause 5 (page 2, after line 17), insert:
5A Section 177 amended (Charges payable by category 1 light vehicle importer if carbon dioxide emissions targets exceeded)
Replace section 177(2) with:
(2)
The charges are,—
(a)
from 1 January 2025,—
(i)
$33.75 per gram of carbon dioxide in excess multiplied by the number of used vehicles in the fleet; and
(ii)
$67.50 per gram of carbon dioxide in excess multiplied by the number of new vehicles in the fleet; and
(b)
from 1 January 2026,—
(i)
$7.50 per gram of carbon dioxide in excess multiplied by the number of used vehicles in the fleet; and
(ii)
$15.00 per gram of carbon dioxide in excess multiplied by the number of new vehicles in the fleet; and
(c)
from 1 January 2028,—
(i)
$33.75 per gram of carbon dioxide in excess multiplied by the number of used vehicles in the fleet; and
(ii)
$67.50 per gram of carbon dioxide in excess multiplied by the number of new vehicles in the fleet.
Clause 6
Replace clause 6 (page 2, lines 18 to 20), with:
6 Section 178 amended (Category 1 light vehicle importer may bank overachievement of carbon dioxide emissions target)
Replace section 178(3) with:
(3)
Carbon dioxide credits banked in a vehicle importer’s carbon dioxide account expire on the later of—
(a)
the close of 31 December 2028; and
(b)
4 years from the end of the year in which the credits accrue.
New clause 8A
After clause 8 (page 3, after line 9), insert:
8A Section 182 amended (Charges payable by category 2 light vehicle importer if emissions targets exceeded)
Replace section 182(2) with:
(2)
The charges are,—
(a)
from 1 January 2025,—
(i)
$27.00 per gram of carbon dioxide by which a used vehicle exceeds its target; and
(ii)
$54.00 per gram of carbon dioxide by which a new vehicle exceeds its target; and
(b)
from 1 January 2026,—
(i)
$6.00 per gram of carbon dioxide by which a used vehicle exceeds its target; and
(ii)
$12.00 per gram of carbon dioxide by which a new vehicle exceeds its target; and
(c)
from 1 January 2028,—
(i)
$27.00 per gram of carbon dioxide by which a used vehicle exceeds its target; and
(ii)
$54.00 per gram of carbon dioxide by which a new vehicle exceeds its target.
New clause 9A
After clause 9 (page 3, after line 27), insert:
9A Schedule 1 amended
In Schedule 1,—
(a)
insert the Part set out in the Schedule of this Act as the last Part; and
(b)
make all necessary consequential amendments.
Clauses 11 and 12
Replace clauses 11 and 12 (page 3, line 34 to page 4, line 3) with:
11 Regulation 3 amended (Interpretation)
In regulation 3, replace the definition of expiry date with:
expiry date, in relation to a carbon dioxide credit, means the date on which the carbon dioxide credit expires under section 178(3) or 183(2) of the Act
12 Regulation 17 amended (Procedure and requirements for transferring carbon dioxide credits between accounts)
Replace regulation 17(3)(b) with:
(b)
will expire in accordance with sections 178(3) or 183(2) of the Act, despite the date of any transfer.
New Schedule
After clause 12 (page 4, after line 3), insert:
Schedule New Part 9 of Schedule 1 of Land Transport Act 1998 inserted
s 9A
Part 9 Provisions relating to Land Transport (Clean Vehicle Standard) Amendment Act (No 2) 2025
29 Interpretation
In this Part, amendment Act means the Land Transport (Clean Vehicle Standard) Amendment Act (No 2) 2025.
30 Transitional arrangement for carbon dioxide credits banked in vehicle importer’s carbon dioxide account
Section 178(3) as amended by the amendment Act, and section 183(2) as it has effect following that amendment, apply to credits banked in a vehicle importer’s carbon dioxide account regardless of whether the credits are banked before or after the amendment Act comes into force.
Explanatory note
This Amendment Paper—
sets reduced charges payable by category 1 and category 2 light vehicle importers if carbon dioxide emissions targets are exceeded for the 2026 and 2027 obligation years; and
amends the provisions relating to the expiry of carbon dioxide credits banked in a vehicle importer’s carbon dioxide account so that no credits expire until the later of the close of 31 December 2028 or 4 years from the end of the year in which the credits accrue; and
provides that the amended expiry date for carbon dioxide credits applies to credits banked in a vehicle importer’s carbon dioxide account before commencement of the Bill.
Departmental disclosure statement
The Ministry of Transport is required to prepare a disclosure statement to assist with the scrutiny of this Amendment Paper. The disclosure statement provides access to information about any material policy changes to the Bill and identifies any new significant or unusual legislative features of the Bill as amended.
A copy of the statement can be found at http://legislation.govt.nz/disclosure.aspx?type=ap&subtype=government&year=2025&no=444&
Regulatory impact assessment
The Ministry of Transport produced a regulatory impact assessment on 4 November 2025 to help inform the new policy decisions taken by the Government relating to the contents of this Amendment Paper.
A copy of this regulatory impact assessment can be found at—
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Land Transport (Clean Vehicle Standard) Amendment Bill (No 2) - Amendment paper No 444
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