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ANNEX I Schedule of Brunei Darussalam Headnote ... - SICE

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SectorIndustry ClassificationBusiness servicesServices incidental to dairy and beef cattlefarmingCPC 8812 Services incidental to animalhusbandryObligations concerned National Treatment (Article 12.4)Measure The Dairy Industry Restructuring Act 2001DescriptionCross Border Services and InvestmentThe Dairy Industry Restructuring Act 2001(DIRA) and regulations provide for the NewZealand government to acquire, free <strong>of</strong>charge, and without condition, a copy <strong>of</strong> aregulated database held by the LivestockImprovement Corporation Ltd (LIC) in theevent <strong>of</strong> its demutualisation or certain otherevents.In addition, the DIRA sets out datareporting obligations to the LIC applying tothose engaged in herd testing <strong>of</strong> dairycattle herds. The DIRA also provides forconditions for access to that data held byLIC.Pursuant to the DIRA, rules for access tothe regulated database provide thatapplications for access to data may berefused unless they are in the interests <strong>of</strong>the New Zealand dairy industry.Investment restrictions also apply in thecase <strong>of</strong> the LIC, which requires theapproval <strong>of</strong> the responsible Minister if itwishes to relax the current statutoryrestriction requiring shareholders to bedairy farmers who buy services from theLIC.III-NZ-5

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