New Zealand Acts

WOOL INDUSTRY RESTRUCTURING ACT 2003 - SECT 34

34 Failure to submit restructuring plan

1 If the Board has not submitted a restructuring plan to the Minister within the time specified in section 17(1) , or has not given the Minister a revised restructuring plan within the time specified by section 32 , the Minister must arrange for a restructuring plan to be prepared and the Minister has the power necessary for that purpose.

2 Sections 18 to 28 and 32 apply to a restructuring plan prepared under subsection (1) as if the restructuring plan were a revised restructuring plan given to the Minister by the Board.

3 The Minister and the department that is responsible for administering this Act are entitled to be reimbursed by the Board for the costs and expenses that they incur in taking action under subsection (1).