date:Jun 02, 2012
Amendment (DIRA) Bill 2012 will work.
Under the DIRA Bill, the Commerce Commission will monitor and report on the extent to which Fonterras setting of FGMP is consistent with the principles of the milk price regime set out in the new legislation.
Not inconsistent
Based on the evidence currently available, our initial conclusion is that Fonterras setting of the farm gate milk price does not appear to be inconsistent with our interpretation of the purpose and principles in the Bill,said the Com