This bill enables a confidential reserve price to be set for auctions in the New Zealand Emissions Trading Scheme to ensure units sold at auction cannot be sold significantly below the prevailing secondary market price.
Royal Assent given 12 March 2021.
Enacted as the Climate Change Response (Auction Price) Amendment Act (2021/4)
Passed by a majority of 32 votes (75 ayes, 43 noes, 0 abstentions)
Passed by a majority of 100 votes (110 ayes, 10 noes, 0 abstentions)
Passed by a majority of 102 votes (110 ayes, 8 noes, 0 abstentions)
|Bill type||Government bill|
|Introduced||5 February 2021|
|First reading||10 February 2021|
|Select Committee||Environment Committee|
|Public submissions due||21 February 2021|
|Select Committee report back||3 March 2021|
|Second reading||9 March 2021|
|Committee of the whole House||9 March 2021|
|Third reading||9 March 2021|
|Royal Assent||12 March 2021|
|Enacted as||Climate Change Response (Auction Price) Amendment Act (2021/4)|
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