INDEPENDENT NEWS

New law should be vetted for compliance costs

Published: Wed 9 May 2001 05:32 PM
Media release 9 May 2001
New law should be vetted for compliance costs
The Hazardous Substances and New Organisms (HSNO) Act should be vetted for compliance costs, says Business NZ.
Business NZ Chief Executive Simon Carlaw says the Act will impose huge compliance costs on businesses and will hold back innovation.
"The HSNO Act will slow down the introduction of new materials and techniques, making New Zealand companies less competitive than those in other countries. New Zealand businesses will have to develop complicated and costly new evaluation, recording and registering processes and pay thousands of dollars in application and hearing fees. New Zealand businesses that use any chemical substance - paint, ink, solvent, adhesive, fertiliser, polymers, fertilisers and others - will face higher costs.
"New Zealand businesses accept the need for safety checks for new materials and techniques, but these should not result in disproportionate compliance costs.
"Implementation of the hazardous substances part of the Act will include the introduction into law of one of the largest package of regulations ever produced in New Zealand.
"It is of critical importance, therefore, that the new law be reviewed by the Government's Business Compliance Panel before it is enacted in July," Mr Carlaw said.
ENDS

Next in Business, Science, and Tech

No New Coal Boilers for Fonterra
By: Fonterra
Soil turned on controversial Waimea Dam
By: RNZ
Drones will help economy take off
By: New Zealand Government
Fuel and rent drive inflation
By: Statistics New Zealand
Fonterra to go coal-free 11 years ahead of schedule
By: BusinessDesk
Government welcomes Fonterra’s speedy moves away from coal
By: New Zealand Government
Coal group welcomes Fonterra's coal exit
By: Coal Action Network
Coal Action protest finishes
By: Coal Action Network
Fonterra decision stimulus for increased biomass fuel supply
By: Bioenergy Association
Fonterra’s announcement a win for the climate movement
By: 350 Aotearoa
Methane target could be catastrophic - Shareholders' Council
By: BusinessDesk
Drone integration a flight closer
By: Airways New Zealand
New recommendations on flying drones over marine animals
By: AUT University
Pizza-by-drone a reality with world-first NZ delivery
By: Domino's Pizza
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media