Tuesday, 28 June 2022
Vote: Bills — Financial Markets (Conduct of Institutions) Amendment Bill
— Third Reading
🗳️ That the Financial Markets (Conduct of Institutions) Amendment Bill be now read a third time
Dr DUNCAN WEBB (Labour—Christchurch Central): Thank you, Mr Speaker. I’m very surprised at the attitude of the Opposition to this bill. This is a good bill. The idea that incentives are in some way always all right just beggars belief. We’ve seen that incentives... Read more →
📋 We've linked this vote to our
“Bank and insurer conduct regulation (fair treatment of consumers)”
policy - our best judgment is that a vote for this is a vote
for Bank and insurer conduct regulation (fair treatment of consumers).
Third Reading — this is the last vote a bill needs to
pass before it's sent off to become law. Earlier votes (first reading, second reading, and
any votes on amendments along the way) decide what the bill looks like and whether it
keeps moving forward, but this is the one that actually decides whether it happens at all.
✓ Passed by a clear majority
(77 Ayes – 42 Noes – 1 Absent)
Hansard didn't name individual MPs for this vote, only how each party voted overall, so
there's no per-member breakdown to show here.
🏛️ Party breakdown
| Party | Aye | No |
|---|---|---|
| ACT New Zealand | 0 | 10 |
| Green Party of Aotearoa New Zealand | 10 | 0 |
| New Zealand Labour | 65 | 0 |
| New Zealand National | 0 | 32 |