Tuesday, 27 August 2013
Vote: Bills — Financial Markets Conduct Bill
— Third Readings
🗳️ That the Financial Markets Conduct Bill and the Financial Markets (Repeals and Amendments) Bill be now read a third time
Moved by
Craig Foss
(New Zealand National Party — Member for Tukituki)
Hon TREVOR MALLARD (Labour—Hutt South): I am pleased to make a contribution in this debate on the Financial Markets Conduct Bill and the Financial Markets (Repeals and Amendments) Bill. There are a couple points that I do want to make in relation to this... Read more →
📋 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.
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 large majority
(104 Ayes – 16 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 | 1 | 0 |
| Green Party | 0 | 14 |
| Mana | 0 | 1 |
| Māori Party | 2 | 0 |
| New Zealand First | 7 | 0 |
| New Zealand Labour | 34 | 0 |
| New Zealand National | 59 | 0 |
| United Future | 1 | 0 |