Companies (Directors' Duties) Amendment Bill
Member's bill
About this bill
This bill makes clear that a company director, in acting as the mind and will of the company, can take actions that take into account wider matters other than the financial bottom-line. This may include matters such as the principles of te Tiriti, environmental impacts, good corporate ethics, being a good employer, and the interests of the wider community.
Voting method
Party voting: Parties decided whether or not to support this bill and cast votes on behalf of all their MPs.Procedural notes
- Extended sittings used: This bill was progressed during one or more extended sittings of the House of Representatives. This enables MPs to meet for longer than normal to consider legislation. It does not alter the stages that a bill must pass through to become law.
Learn more about extended sittings
Read the bill
Bill text: Companies (Directors' Duties) Amendment Bill (legislation.govt.nz)Member responsible
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
2nd reading
Passed
7 June 2023
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 almost 2 years ago.
(7 August 2023 at 12:30 GMT+00:00)