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Companies (Clarification of Dividend Rules in Companies) Amendment Bill

Member's bill

About this bill

This bill amends the Companies Act 1993 to give clarification of dividend rules outlined in sections 36 and 53, where there is currently doubt about the ability of a company constitution to provide for "dry shares".
Voting method
Party voting: Parties decided whether or not to support this bill and cast votes on behalf of all their MPs.
Read the bill
Bill text: Companies (Clarification of Dividend Rules in Companies) Amendment Bill (legislation.govt.nz)
Act text: Companies (Clarification of Dividend Rules in Companies) Amendment Act 2019 (legislation.govt.nz)
View on Parliament website
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Member responsible

Todd Muller
Todd Muller

Former National MP for Bay of Plenty

Progress

Enacted

This Bill has been passed by Parliament, and signed into law by the Governor-General in a step called Royal Assent. This doesn't mean that everything the Act implements has come into force yet, but it does mean that the Act is on the statute books.

Votes

1st reading
Passed
8 August 2018

WhereTheyStand has no totals for this vote. It might have been a voice vote, or there might have been an import error.
2nd reading
Passed
26 June 2019

65

Ayes

55

Noes

0

Abst.

0

Abse.
3rd reading
Passed
13 November 2019

WhereTheyStand has no totals for this vote. It might have been a voice vote, or there might have been an import error.

Only reading votes are shown here; these votes determine whether the Bill progresses through Parliament. Other votes, such as votes on whether to amend parts of the Bill, can be seen in Hansard.

Bill details last synced with the Parliament website about 2 years ago.
(23 March 2023 at 00:00 GMT+00:00)

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