Regulatory Requirements
Protecting our property rights with compensation
It is important to Federated Farmers' members, whose assets form a significant part of their land, that any takings by government or councils is constrained by the requirement to provide full compensation. The Regulatory Requirements Bill provides the compensation safeguards when property rights are taken.
Federated Farmers wants this bill to be passed with its compensation provisions intact.
To achieve this, the Federation is active a range of fronts. It has made submissions to the select committee, it has been working with other groups who share similar views and it is trying to build greater understanding within the general public of the need to protect property rights.
Quality Regulation Costs Farmers Less
The other important aspect of the Regulatory Requirements Bill is its thrust to improve the quality of regulation. Well-thought-out policy and law, using a rigorous formula, is critical to reducing the cost of compliance and ensuring that New Zealand farmers remain competitive.
Support Federated Farmers to Lobby
To support Federated Farmers on these issues, or take part in lobby work get in touch with National Board spokesman on property rights, Don Nicholson: dnicolson@fedfarm.org.nz.
