Financial Reporting (Levies) Amendment Regulations 2017
2017/142
Financial Reporting (Levies) Amendment Regulations 2017
Patsy Reddy, Governor-General
Order in Council
At Wellington this 26th day of June 2017
Present:
Her Excellency the Governor-General in Council
These regulations are made under section 52 of the Financial Reporting Act 2013—
(a)
on the advice and with the consent of the Executive Council; and
(b)
on the recommendation of the Minister of Commerce and Consumer Affairs.
Regulations
1 Title
These regulations are the Financial Reporting (Levies) Amendment Regulations 2017.
2 Commencement
These regulations come into force on 1 July 2017.
3 Principal regulations
These regulations amend the Financial Reporting (Levies) Regulations 2014 (the principal regulations).
4 New regulation 5A inserted (Levies inclusive of GST)
After regulation 5, insert:
5A Levies inclusive of GST
The levies prescribed by these regulations are inclusive of goods and services tax.
5 Schedule amended
In the Schedule, column 5, replace “10”
with “6.90”
in each place.
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 2017, amend the Financial Reporting (Levies) Regulations 2014. The regulations reduce, from $10 to $6.90, levies payable in respect of applications for registration or incorporation, or annual returns, under the following Acts:
the Companies Act 1993:
Regulatory impact statement
The Ministry of Business, Innovation, and Employment produced a regulatory impact statement on 6 October 2016 to help inform the decisions taken by the Government relating to the contents of this instrument.
A copy of this regulatory impact statement can be found at—
Date of notification in Gazette: 29 June 2017.
These regulations are administered by the Ministry of Business, Innovation, and Employment.