Liam Hehir
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hehir.bsky.social
Liam Hehir
@hehir.bsky.social
Midway along the journey of our life I woke to find myself in a dark wood, for I had wandered off from the straight path.
Apology accepted.
November 26, 2024 at 4:16 AM
(For example, McMurdo Station (run by the U.S.) uses New Zealand Standard Time because flights to Antarctica depart from New Zealand).
November 20, 2024 at 7:19 PM
Despite the significant overlap and extension of New Zealand laws to Antarctica, particularly the Ross Dependency, it is crucial to understand that these laws form a separate body of law.
October 29, 2023 at 10:34 PM
The laws of the Ross Dependency are essentially NZ laws applicable to the conditions of the Dependency. This is one distinct category of our law extended to Antarctica. Another is that for criminal law purposes, acts or omissions occurring in the Ross Dependency are deemed to have happened in NZ
October 29, 2023 at 10:33 PM
With that treaty, New Zealand law extended directly to activities in the Ross Dependency and the activities of New Zealanders in Antarctica. Subsequently (and gradually) the term "New Zealand" in legislation expanded to include the Ross Dependency.
October 29, 2023 at 10:31 PM
DIRA ensures that farmers can enter and exit supply arrangements with Fonterra without penalty. Fonterra requires farmers to hold shares proportional to their milk supply. Non-farmers can invest in Fonterra through the Fonterra Shareholders' Fund.
October 25, 2023 at 8:35 PM
In 2001, many small co-operative companies conglomerated into a national co-operative, Fonterra, now accounting for around 7% of the GDP and 96% of the NZ raw milk market. The Dairy Industry Restructuring Act 2001 (DIRA) was enacted alongside to regulate Fonterra's activities.
October 25, 2023 at 8:35 PM
NBDTs are regulated by the Reserve Bank under the Non-Bank Deposit Takers Act 2013. This Act requires that every NBDT be licensed and comply with certain prudential rules.
October 25, 2023 at 3:23 AM
🌍 In 2008, NZ decided to establish an Emissions Trading Scheme (ETS) as its primary domestic mechanism for climate change mitigation, leading to a major expansion of the CCRA. The ETS creates surrender obligations for emitters and incentives for emissions reduction.
October 25, 2023 at 1:39 AM