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Wednesday, 2 September 2026

Trust Horizon (Trust Variation) Bill

Committee of the whole House β€” Clause 3 Purpose
HansardID: dac6b018-3e2c-998a-4aa9-6106372460ba
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πŸ—£οΈ Speech Hon Dr Megan Woods (New Zealand Labour Party β€” Member for Wigram)
Time unknown
Committee of the whole House

There was an election held on Wednesday, 1 October 2025 for two vacancies on the trust. Alongside that, there was also a consumer poll that was held at the same time. The question that was put was: β€œDo you support Trust Horizon proceeding with a variant bill to Parliament for the purpose of varying the trust deed, dated 1 August 1994 trust deed, to widen and clarify the charitable purposes in the trust deed?” The result was 80.7 percent in favour of doing so and 19.3 percent opposed. That, to me, would seem there is extremely strong community support and mandate for the change that is happening tonight.

Clause 3 agreed to.

Committee of the whole House

Clause 4 Interpretation

CHAIRPERSON (Maureen Pugh): Members, we are now at clause 4, the interpretation. The question is that clause 4 stand part.

Clause 4 agreed to.

Committee of the whole House

Clause 5 Terms of trust varied and the Schedule

CHAIRPERSON (Maureen Pugh): We’re up to clause 5, terms of trust varied and the Schedule. The question is that clause 5 stand part.

Clause 5 agreed to.

Schedule agreed to.

Bill to be reported without amendment.

House resumed.

CHAIRPERSON (Maureen Pugh): Madam Speaker, the committee has considered the Trust Horizon (Trust Variation) Bill and reports it without amendment. I move, That the report be adopted.

Motion agreed to.

Report adopted.

πŸ’¬ DEPUTY SPEAKER: In accordance with a determination of the Business Committee, this bill is set down for third reading immediately.

Third Reading

πŸ—£οΈ Speech Tom Rutherford (New Zealand National Party β€” Member for Bay of Plenty)
Time unknown
Committee of the whole House
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