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Wednesday, 7 March 2012

Financial Markets Conduct Bill

First Reading
HansardID: ee359e7a-1430-4ec1-b3fb-6345722bc89b
πŸ—³οΈ 1 vote β€” jump to votes section
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πŸ—£οΈ Speech Andrew Williams (New Zealand First Party β€” List Member)
Time unknown

I raise a point of order, Mr Speaker. Sorry, I heard the wrong name for the bill being called. I was under the impression it was a different bill.

πŸ’¬ Mr SPEAKER: Does the member wish to changeβ€”

Yes, could I change the vote? It should be eight votes in favour. I am sorry; I misheard what was being called.

πŸ’¬ Mr SPEAKER: The bill being called is the Financial Markets Conduct Bill.

Yes. Sorry, I was listening to the general debate, and I did not realise that this bill had been called.

πŸ’¬ Mr SPEAKER: The record will be changed.

πŸ—£οΈ Speech Gareth Hughes (Green Party of Aotearoa / New Zealand β€” List Member)
Time unknown

I raise a point of order, Mr Speaker. Does the member not have to seek leave to have a vote changed?

πŸ’¬ Mr SPEAKER: I think the member misheard the bill being called. It is not unreasonable for the vote to be recorded as the party intended.

πŸ—£οΈ Speech Hon Chris Hipkins (New Zealand Labour Party β€” Member for Rimutaka)
Time unknown

I raise a point of order, Mr Speaker. It has been the practice in this Houseβ€”and we had this issue come up last nightβ€”that until the result is given, any party can change its vote. It is only once the result is announced that you would have to have leave to change the way somebody voted.

πŸ’¬ Mr SPEAKER: I thank the junior Labour whip for hisβ€”

Senior Labour whip!

πŸ’¬ Mr SPEAKER: Senior whip.

πŸ’¬ Hon Annette King: Chief whip.

πŸ’¬ Mr SPEAKER: Chief whipβ€”my apologies.

πŸ—£οΈ Spoke in this debate (3)

πŸ—³οΈ Votes in this debate (1)

βœ“ Passed
Question: That the Financial Markets Conduct Bill be now read a first time
πŸ“‹ We've linked this vote to our "Regulating how shares, bonds and managed funds are sold" policy - our best judgment is that a vote for this is a vote for Regulating how shares, bonds and managed funds are sold.