Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Misuse of Drugs Amendment gets industry support

23 May 2005

Misuse of Drugs Amendment gets industry support

The Social Tonics Association of New Zealand (STANZ) today welcomed a Health Select Committee recommendation for an amendment to the Misuse of Drugs Act that will restrict the sale of substances that have low level psychoactive effects.

The main focus of the recommendation is a substance known as BZP, a significant ingredient in many popular party pills which has an effect a little stronger than caffeine.

The amendment proposes to restrict sale of substances including BZP to people over 18 years old, to restrict retail outlets which can sell them and to require certain manufacturing quality.

STANZ spokesperson Matt Bowden said the late amendment to the Bill included many of the safeguards that the sector had requested, but the industry was wary of the impact of the changes and how the practicalities would be worked out during the transitional period.

“We are glad that the Bill will introduce regulatory oversight to our sector, and we hope that the legislation will be used as intended - to reduce harm.

“There is a thin line between ensuring safe operation of a market people want and enjoy, and restrictions that drive it underground,” he said.

“Pulling these products off the market would create a moral hazard by turning tens of thousands of people to underground supply and far more dangerous substances.”

Mr Bowden said the industry was broadly supportive of the Bill, particularly as it already had a code of practice which included rules such as restriction of sale to those over 18.

“We look forward to officials working with us in the changeover period to ensure that the safety of consumers is protected and that high quality products are able to continue to be sold until the new laws come into effect,” he said.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Air New Zealand: Employees Recognised With $1,000 Share Award

The efforts Air New Zealand employees made during one of the airline’s toughest years will be recognised via an award of $1,000 worth of company shares to all permanent employees... More>>

Consumer NZ: Bank Complaints On The Rise, Survey Shows

Nearly one in five Kiwis had a problem with their bank in the past year, Consumer NZ’s latest satisfaction survey finds. Consumer NZ chief executive Jon Duffy said the number of bank customers reporting problems had jumped to 18%, up from 11% in 2020... More>>

Federated Farmers: Applauds UK-Australia Free Trade Deal

News that Australia and the UK have signed a free trade agreement is a promising step forward in the fight against tariffs and protectionism, Federated Farmers says.
"It reinforces the international rules-based trading framework and is important for rural producers and global consumers," Feds President Andrew Hoggard says... More>>

ASB: New Zealanders Missing Out On Hundreds Of Millions In KiwiSaver Government Contributions

New Zealanders have just over a week to ensure they’re eligible for the maximum annual government KiwiSaver contribution... More>>

Stats NZ: GDP Climbs 1.6 Percent In March 2021 Quarter Following December Dip

Gross domestic product (GDP) rose by 1.6 percent in the March 2021 quarter, following a 1.0 percent fall in the December 2020 quarter, Stats NZ said today. "After an easing of economic activity in the December quarter, we’ve seen broad-based growth in the first quarter of 2021... More>>

Reserve Bank: Debt Serviceability Restrictions Added To Policy Toolkit

The Reserve Bank – Te Pūtea Matua and the Minister of Finance have agreed to update their shared Memorandum of Understanding (MoU) on macro-prudential policy and add debt serviceability restrictions to the list of potential tools available... More>>