New Zealand's greyhound racing industry is set to close from July next year - but Greyhound Racing NZ doesn't want to pay for the incoming shutdown.

Recently released documents show the Government is planning to take $15 million from the organisation's savings to pay the admin costs of shuttering the sector for good.

Greyhound Racing NZ CEO Edward Rennell says the Government brought this on themselves.

"It's also money that could go to support the participants who are losing their livelihoods in the regions who've had no consideration provided in terms of financial support."

LISTEN ABOVE

• 'Devastating blow': Greyhound racing to be banned, industry to seek review
• Greyhound trainers claim "misinformation" has been spread about the sport
• "Highly selective": Govt accused of missing facts in greyhound racing ban
• Greyhound racing industry to challenge 'surprising' ban
• Greyhound racing industry seeking review over new ban
• 'They shouldn't have been blindsided': Racing Minister fires back at industry response to greyhound racing ban