✨ ACC Levy Rates and Consumer Safety Notice
NEW ZEALAND GAZETTE, No. 79
24 JULY 2014
What are the ACC Board’s 2015/16 recommended levy rates?
| Who pays and how they pay | Current 2014/15 | Recommended rates 2015/16 | Recommended change |
|---|---|---|---|
| Cover for work injuries paid by self-employed* people and employers | |||
| (invoiced directly by ACC) | $0.95# | $0.75# | Down 20c |
| (-21%) | |||
| Cover for non-work injuries paid by employees (through PAYE) and by | |||
| self-employed people | $1.26 | $1.20 | Down 6c |
| (-5%) | |||
| Cover for motor vehicle injuries paid by motorists (through | |||
| licensing fees and petrol levy) | $330.68# | $200.00# | Down $130.68 |
| (-40%) |
*Self-employed people and non-PAYE shareholders also pay the non-work claims levy.
These are average rates. Individual rates for industry groups and motor vehicle classes may be higher or lower than these rates.
Recommended levy rates are GST exclusive.
The ACC Board has also recommended some other changes, including:
- reducing the petrol levy by 2 cents per litre (from 9.90 cents to 7.90 cents).
- implementing "risk rating" of light passenger vehicles (cars) based on crash data (this groups cars into different bands and applies a different licensing levy to each band).
- increasing the minimum and maximum liable earnings limits (for Work and Earners’ levies).
Need more information?
You can find more information on the recommended levy rates for 2015/16 in the following ways:
- On our website: www.acc.co.nz/levyconsultation
- Send an email to: levyconsultation@acc.co.nz
- Write to: Levy Consultation, ACC, PO Box 242, Wellington 6140.
A copy of the actuarial advice upon which we’ve based our recommendations is also available on request.
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Business, Innovation, and Employment
Fair Trading Act 1986
Unsafe Goods (Small High Powered Magnets) Indefinite Prohibition Notice 2014
Pursuant to section 31 of the Fair Trading Act 1986, the Minister of Consumer Affairs gives the following notice.
Notice
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Title—This notice may be cited as the Unsafe Goods (Small High Powered Magnets) Indefinite Prohibition Notice 2014.
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Commencement—This notice is effective from the date of publication in the New Zealand Gazette.
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Revocation—This notice revokes the Unsafe Goods (Small High Powered Magnets) Notice 2013.
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Application—This notice applies to new and second-hand magnetic objects as defined in clause 5 that are for personal, domestic or household use or consumption and which are supplied, offered for supply, or advertised for supply as:
(a) a toy, game, puzzle or novelty (including but not limited to an adult desk toy, an educational toy or game, a toy, game or puzzle for mental stimulation or stress relief); or
(b) a construction or modelling kit; or
(c) jewellery which may be worn in or around the mouth or nose.
This notice does not apply to hardware magnets, magnets used by educational institutions for teaching purposes, or those that are (or are intended to become) component parts of other products.
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Magnetic objects to be declared unsafe goods—The following are unsafe goods:
Separable or loose magnetic objects that are supplied in multiples of two or more where:
(a) At least two of these magnetic objects are each separately able to fit entirely, in any orientation, into the small parts cylinder provided by clause 5.2 and figure 17 of the Australian/New Zealand Standard, Safety of toys – Part 1: Safety aspects related to mechanical and physical properties (AS/NZS ISO 8124.1:2013); and
(b) subject to the changes to AS/NZS ISO 8124.1:2013 set out in clause (c) of this notice, at least two of those magnetic objects each separately have a magnetic flux index greater than 50(kG)²mm² determined as per clause 5.32 of AS/NZS ISO 8124.1:2013; and
(c) in clause 5.32.5 of AS/NZS ISO 8124.1:2013 omit "kG²mm²" and replace with (kG)²mm².
Dated at Wellington this 23rd day of July 2014.
HON CRAIG FOSS, Minister of Consumer Affairs.
Explanatory Note
This is not part of the notice but is intended to indicate its general effect and consequences.
This notice declares magnetic objects that do not comply with AS/NZS ISO 8124.1:2013 to be unsafe goods and prohibits the supply of the goods indefinitely from the date of publication of the notice in the New Zealand Gazette under section 31 of the Fair Trading Act 1986.
Under section 33 of the Fair Trading Act 1986, it is prohibited in New Zealand to supply, or offer to supply, or advertise to supply, goods which are declared to be unsafe goods.
Under section 33 of the Fair Trading Act 1986 and section 54 of the Customs and Excise Act 1996, it is prohibited to import into New Zealand goods which are declared to be unsafe goods under clause 5 of this notice.
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✨ LLM interpretation of page content
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2015/16 ACC Board’s Recommended Levy Rates
(continued from previous page)
🏥 Health & Social WelfareAccident Compensation, Levy Rates, Consultation, ACC Board
🏭 Unsafe Goods (Small High Powered Magnets) Indefinite Prohibition Notice 2014
🏭 Trade, Customs & Industry23 July 2014
Consumer Safety, Prohibition Notice, Small High Powered Magnets, Fair Trading Act 1986
- HON CRAIG FOSS, Minister of Consumer Affairs
NZ Gazette 2014, No 79