Supplementary Order Paper No 338

No 338

House of Representatives

Supplementary Order Paper

Tuesday, 27 August 2013

Financial Markets Conduct Bill


Proposed motion to divide Bill into 2 Bills

Hon Craig Foss, in Committee, to move as follows:

That the enacting words, clauses 1 and 2, Parts 1 to 8, and Schedules 1 to 3 and 5 be a separate Bill, and that the enacting words and clauses 1 and 2 be replaced with:

The Parliament of New Zealand enacts as follows:

1 Title
  • This Act is the Financial Markets Conduct Act 2011.

2 Commencement
  • (1) Section 350, subpart 10 of Part 5, subpart 7 of Part 6, and subparts 1 to 7 of Part 8 come into force on the day after the date on which this Act receives the Royal assent.

    (2) The rest of this Act comes into force on a date appointed by the Governor-General by Order in Council; and 1 or more orders may be made appointing different dates for different provisions and for different purposes.

    (3) To the extent that it is not previously brought into force under subsection (1) or (2), the rest of this Act comes into force on 1 April 2017.

    (4) In this section, provision includes any item, or any part of an item, in any of the schedules.

That Part 9 and Schedule 4 be a separate Bill, and that the Part 9 heading be replaced with:

The Parliament of New Zealand enacts as follows:

1 Title
  • This Act is the Financial Markets (Repeals and Amendments) Act 2011.

2 Commencement
  • (1) Sections 564(2) to (4), 618A, 628(3), (6), and (7), 630B, and 630D come into force on the day after the date on which this Act receives the Royal assent.

    (2) The rest of this Act comes into force on a date appointed by the Governor-General by Order in Council; and 1 or more orders may be made appointing different dates for different provisions and for different purposes.

    (3) To the extent that it is not previously brought into force under subsection (1) or (2), the rest of this Act comes into force on 1 April 2017.

    (4) In this section, provision includes any item, or any part of an item, in the schedule.


Explanatory note

This Supplementary Order Paper divides the Financial Markets Conduct Bill into the following Bills:

  • the Financial Markets Conduct Bill:

  • the Financial Markets (Repeals and Amendments) Bill.