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The Finance and Expenditure Committee has extended the closing for submissions on the Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Bill. The bill is an omnibus bill that would amend several Acts, including the Goods .
Friday, 11 December 2020, 11:02 am
The Finance and Expenditure Committee is calling for
submissions on the Reserve Bank of New Zealand
Bill.
Changes to the Reserve Bank of New Zealand Act
1989 will occur across two pieces of legislation. The
Reserve Bank of New Zealand Bill follows the Reserve Bank of
New Zealand (Monetary Policy) Amendment Act 2018. Both
pieces of legislation have come out of the Government’s
review into the 1989 Act.
The purpose of the Reserve
Bank of New Zealand Bill is to amend the Bank’s
governance, accountability and transparency, and funding
arrangements. Among other amendments, the bill introduces a
new objective for the Reserve Bank of protecting and