Companies (Directors Duties) Amendment 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.

Current status

Passed first reading 09 November 2022, now with the Economic Development, Science and Innovation Committee (currently before committee).
Submissions due 17 January 2023

Member of Parliament responsible

Rachel Brooking

Bill type

Member's bill



All data
Bill type Member's bill
Parliament 53
Ref 75-1
Introduced 23 September 2021
First reading 9 November 2022
Select Committee Economic Development, Science and Innovation Committee
Public submissions due 17 January 2023
Divided No

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