Tariff (Free Trade Agreement between New Zealand and the Republic of Korea) Amendment Act 2015

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Tariff (Free Trade Agreement between New Zealand and the Republic of Korea) Amendment Act 2015

Public Act
 
2015 No 88

Date of assent
 
28 September 2015

Commencement
 
see section 2

Contents

1
Title

2
Commencement

Amendments to Tariff Act 1988

3
Principal Act

4
Section 15A amended (Interpretation)

5
Section 15H amended (Provisional transitional safeguard measure)

Amendments to Tariff

6
Tariff amended

7
Tariff, note 2 amended

8
Tariff, note 3 amended

Legislative history

Administrative information

The Parliament of New Zealand enacts as follows:

1 Title


This Act is the Tariff (Free Trade Agreement between New Zealand and the Republic of Korea) Amendment Act 2015.

2 Commencement


This Act comes into force on a date appointed by the Governor-General by Order in Council.

Amendments to Tariff Act 1988

3 Principal Act


Sections 4 and 5 amend the Tariff Act 1988 (the principal Act).

4 Section 15A amended (Interpretation)

(1)

In section 15A, definition of free trade agreement, replace paragraph (d) with:

(d)

the Malaysia FTA; or

(e)

the Republic of Korea FTA

(2)

In section 15A, insert in its appropriate alphabetical order:
Republic of Korea FTA means the Free Trade Agreement between New Zealand and the Republic of Korea done at Seoul on 23 March 2015

5 Section 15H amended (Provisional transitional safeguard measure)


In section 15H(1)(b)(ii), replace “or the Malaysia FTA,” with “the Malaysia FTA, or the Republic of Korea FTA,”.

Amendments to Tariff

6 Tariff amended


Sections 7 and 8, in accordance with section 9F(1) of the principal Act, amend the Tariff.

7 Tariff, note 2 amended


In the notes to the Tariff, note 2, penultimate paragraph, after “HK,”, insert “KR,”.

8 Tariff, note 3 amended



In the notes to the Tariff, note 3, below the item relating to Hong Kong, China, insert:

Korea, Republic of
KR

Legislative history

2 June 2015

Introduction (Bill 26–1)

16 June 2015

First reading and referral to Foreign Affairs, Defence and Trade Committee

30 July 2015

Reported from Foreign Affairs, Defence and Trade Committee

17 September 2015

Second reading

22 September 2015

Committee of the whole House

24 September 2015

Third reading

28 September 2015

Royal assent

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

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