The TTMRA was signed in 1996 between the New Zealand government and the Commonwealth Government, the State and Territory Government in Australia. The TTMRA has advanced the strategic objective of the New Zealand and Australian authorities to create a “single trans-Tasman market for the sale of goods and the registration of professions” (www.mfat.govt.nz/assets/FTAs-agreements-in-force/Australia/anzcer-cep-booklet.pdf). During the negotiations on the TTMRA and its predecessor, the Mutual Recognition Agreement (between the Commonwealth, the States and Territories of Australia), the model of mutual recognition adopted by the European Union was envisaged but rejected. As Wilkins (Australian Government Productivity Commission, 1995) explains: 9………… The principle of trans-Tasman mutual recognition…………. 7 The principle of trans-Tasman mutual recognition is that, subject to this part, products manufactured in New Zealand or imported to New Zealand, which may be sold legally or in certain circumstances in New Zealand, may, under this Act, be sold in an Australian jurisdiction, either in general or in certain circumstances (as the case may be), without, since, or under the legislation described in Section 11, being subject to other requirements of that jurisdiction. 51 Under the principle of trans-Tasman mutual recognition (b) the activity for which registration is requested is requested and on the principle of trans-Tasman mutual recognition; and to that end, the TTMRA reflects a decentralized “light-handed” model. Management, control and compliance are, to a large extent, managed by regulators in each area of law. This model is widely regarded as a success. A 2015 review of the TTMRA by the Australian Product Commission (TTMRA is jointly reviewed every five years) showed that it worked well, although the benefits are not compromised by the fact that regulators do not always implement mutual recognition, lack of oversight and increased deductibles.
With regard to professions, some cases of professional registration bodies that did not make mutual recognition as expected, because they were afraid to go shopping and jumping , the practice of registering in a jurisdiction with less stringent requirements to obtain registration in a stricter jurisdiction. However, overall, the Commission recommended only minor improvements to allay these concerns. (1) The principle of trans-Tasmane of mutual recognition of goods is as described in this section. “… [We] participated in the application of the concept of [mutual recognition] in the … European Union… That`s right. comprehensive bureaucratic administration and its effectiveness depended on the adoption of guidelines to ensure the application of basic minimum standards.