BORA Dairy Industry Restructuring Amendment Bill [pdf, 87 KB]
...in law that management of the Core Database was transferred from Livestock Improvement Corporation to DairyNZ in 2014. 6. Subparts 5 and 5A of Part 2 of the principal Act, which regulate Fonterra to manage risks to the dairy industry, farmers and consumers, arising from Fonterra’s dominance in New Zealand dairy markets, are amended in order to: a. allow Fonterra to decline applications from dairy farmers to become shareholders in, and supply milk to, Fonterra when it is unlikely that...