Scoop has an Ethical Paywall
Draft Insurance Bill released for consultation
NEWS RELEASE
Date 20 April
2009
Time 3.30pm
Draft Insurance Bill released for
consultation
The Reserve Bank today announced the
release of a draft Insurance (Prudential Supervision) Bill
for stakeholder consultation.
The draft Bill reflects policy approvals provided by Cabinet in December 2007 and August 2008, and is being released for consultation with an expectation that respondents will focus on legal, drafting and operational issues.
Responses on matters of policy, other than those detailed in the explanatory note on the Bank's website, are not sought in this consultation.
The draft Bill can be accessed on the Reserve Bank's website (www.rbnz.govt.nz).
Stakeholder comments in response to this draft Bill and the additional explanatory note are sought from stakeholders by no later than 22 June 2009.
Following receipt of submissions to this consultation, the Reserve Bank will finalise the Insurance (Prudential Supervision) Bill for introduction to Parliament later in 2009.
You can view the explanatory note and the draft Bill at the following link: http://www.rbnz.govt.nz/finstab/nbdt/insurance/
ENDS
Gordon Campbell: On Justin Trudeau’s Demise, In A Global Context
Melanie Nelson: Act Now On The Proposed Regulatory Standards Bill
Climate Justice Taranaki: The Bill For Individualism, Corporations And Neoliberalism
Ministry For Culture & Heritage: New Zealand Flag Half-Masting To Mark The Funeral Of Senior Sergeant Lyn Fleming, NZ Police
Child Poverty Action Group: Anti-poverty Groups Say Amendments To Social Security Act Will Remove Job Seekers’ Human Rights
Justice Committee: Justice Committee Reopens Submissions For Principles Of The Treaty Of Waitangi Bill To Tuesday 14 January
NZCAST: Survivors Of Abuse In Care Left Waiting - Urgent Action Needed Following Apology
