Explanatory note
This note is not part of the regulations, but is intended to indicate their general effect.
These regulations are made under section 29 of the New Zealand Business Number Act 2016. Section 29 provides for a government agency to be authorised to require an entity that is eligible for an NZBN (an eligible entity), and to which the agency provides services, to register for an NZBN (if it does not already have one) and to provide the NZBN to the agency.
These regulations, which come into force on 23 February 2021, will amend the principal regulations to authorise an NZBN to be required in the following cases:
the Inland Revenue Department will be able to require an NZBN from an applicant for payments under the COVID-19 resurgence support payments scheme:
the Ministry of Business, Innovation, and Employment will be able to require an NZBN from an applicant for support under the small business digital boost initiative.
Issued under the authority of the Legislation Act 2012.
Date of notification in Gazette: 22 February 2021.
These regulations are administered by the Ministry of Business, Innovation, and Employment.