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."

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