Tariff (Specified CPTPP Parties—Peru) Amendment Order 2021

2021/212

Coat of Arms of New Zealand

Tariff (Specified CPTPP Parties—Peru) Amendment Order 2021

Patsy Reddy, Governor-General

Order in Council

At Wellington this 16th day of August 2021

Present:
The Right Hon Jacinda Ardern presiding in Council

This order is made under section 7A(1)(baa) of the Tariff Act 1988 on the advice and with the consent of the Executive Council.

Order

1 Title

This order is the Tariff (Specified CPTPP Parties—Peru) Amendment Order 2021.

2 Commencement

This order comes into force on 19 September 2021.

3 Principal order

This order amends the Tariff (Specified CPTPP Parties) Order 2018.

4 Clause 3 amended (Specified CPTPP parties)

In clause 3, after paragraph (d), insert:

(da)

Peru:

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, which comes into force on 19 September 2021, declares Peru to be a specified party to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (the CPTPP) for the purposes of the Tariff Act 1988. The CPTPP is a free trade agreement, done at Santiago, Chile, on 8 March 2018.

The effect of this order is to entitle Peru to preferential tariffs set under the Tariff Act 1988 in accordance with the CPTPP.

Also, regulation 51ZZF of the Customs and Excise Regulations 1996 will now apply to Peru as a result of this order. For the purpose of giving effect to the CPTPP, that regulation prescribes rules of origin, including product-specific rules and other applicable requirements, for goods imported to New Zealand from parties to the CPTPP.

Regulatory impact assessment

The Ministry of Foreign Affairs and Trade produced a national interest analysis (which incorporated all elements of a regulatory impact assessment) to help inform the decisions taken by the Government relating to the CPTPP Agreement.

A copy of the national interest analysis can be found (appended to the Report of the Foreign Affairs, Defence and Trade Committee) at—

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 19 August 2021.

This order is administered by the Ministry of Business, Innovation, and Employment.