Regulation supporting economic development
This page lists regulation supporting economic development. Legislation plays a minor role in supporting economic development.
On this page
Ministerial portfolios and key statutes
| Portfolio | Statutes |
|---|---|
|
Purposes of economic development regulation
Economic Development is a broad portfolio with a diverse set of responsibilities. The focus is on supporting people, businesses, cities, regions and sectors to seize the opportunities open to them to reach their potential.
Legislation plays a minor role in supporting economic development. The two main pieces of legislation are the New Zealand Trade and Enterprise Act 2003 and the Major Events Management Act 2007.
| Statute | Purpose |
|---|---|
|
New Zealand Trade and Enterprise Act 2003 |
Established New Zealand Trade and Enterprise (NZTE), and states the purpose and functions of the organisation. |
|
Major Events Management Act 2007 |
Provides certain protections for events that are declared to be ‘major events’ under the Act in order to:
|
|
New Zealand International Convention Centre Act 2013 |
Gives effect to elements of the New Zealand International Convention Centre and Licensing Agreement entered into between the Crown and SkyCity Entertainment Group Ltd. |
|
America’s Cup Road Stopping Act 2018 |
The main purpose of this Act is to remove the road status from part of Brigham Street, in Wynyard Point in Auckland, so that the land can be used for the 36th America’s Cup. |
Regulated parties and main stakeholders
Processes for engagement with stakeholders
MBIE follows best practice for strategy and policy development and publishes consultation documents and holds public meetings to seek feedback on proposals. We also engage extensively with businesses, economic development agencies and other key stakeholders, through both regular forums and ad hoc meetings.