This bill amends the Fuel Industry Act 2020 to provide a threat of price regulation, subject to a recommendation from the Commerce Commission, to incentivise wholesale suppliers to offer competitive terminal gate prices.
Passed first reading 22 November 2022, now with the Economic Development, Science and Innovation Committee (currently before committee).
Submissions due 23 January 2023
Government bill
Passed by a majority of 32 votes (74 ayes, 42 noes, 0 abstentions)
Bill type | Government bill |
---|---|
Parliament | 53 |
Ref | 188-1 |
Introduced | 15 November 2022 |
First reading | 22 November 2022 |
Select Committee | Economic Development, Science and Innovation Committee |
Public submissions due | 23 January 2023 |
Divided | No |
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