11
CurrentMeaning of user pays principle
Chapter 1Preliminary
Part 3Interpretation
Division 2Key concepts and definitions
11 Meaning of user pays principle
(1)
The user pays principle is the principle that all costs associated with the use of a resource should be included in the prices of the goods and services (including government services) that result from the use.
(2)
In deciding what are the costs associated with the use of a resource, an amount received from a government as a subsidy, incentive payment, grant or similar payment, that would otherwise reduce the costs, must be disregarded.
This Act’s bill:Explanatory memorandumSecond reading speech
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