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Securities (Local Authority Exemption) Amendment Bill

This bill amends the Securities Act 1978 to provide local authorities with an exemption from the full disclosure requirements of that Act when issuing debt securities to the public. This reduced disclosure requirement will exempt local authorities from the requirement to produce a prospectus signed by all councillors when issuing debt securities to the public.

There have been 6 submissions on this bill.

Bill Events

Event Date
Royal Assent 8 Apr 2008
Third Reading 3 Apr 2008 Bill read a third time.
In Committee 1 Apr 2008,
1 Apr 2008 (resumed)
Bill to be reported without amendment presently.
Second Reading 19 Mar 2008 Bill read a second time.
SC Reports 10 Mar 2008 The Commerce Committee reported on this bill. View the bill as reported from the Commerce Committee at the New Zealand Legislation website.
Submissions Due 2 Nov 2007
First Reading 12 Sep 2007 Bill read a first time.

Bill referred to the Commerce Committee.
Introduction 5 Sep 2007

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