This Cabinet paper forms part of the second tranche of improvements to the NZ ETS. It proposes restructuring the penalties for failing to surrender or repay units into two new penalties and allowing for greater disclosure of non-compliance.

This Cabinet paper forms part of the second tranche of improvements to the NZ ETS. It proposes restructuring the penalties for failing to surrender or repay units into two new penalties and allowing for greater disclosure of non-compliance.

Date of the briefing: 08 April 2019

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