Reserve Bank of New Zealand Bill

About this bill

This bill provides for the objectives and functions of the Reserve Bank and its governance, accountability, transparency, and funding arrangements. This bill also increases coordination between public agencies responsible for the financial system and creates a new framework to better manage the use of New Zealand's foreign exchange reserves.

Current status

Royal Assent given 16 August 2021.
Enacted as the Reserve Bank of New Zealand Act 2021 (2021/31)

Member of Parliament responsible
Bill type

Government bill

All data
Bill type Government bill
Parliament 53
Ref 315-3
Introduced 28 July 2020
First reading 8 December 2020
Select Committee Finance and Expenditure Committee
Public submissions due 4 February 2021
Select Committee report back 8 June 2021
Second reading 23 June 2021
Committee of the whole House 3 August 2021
Third reading 10 August 2021
Royal Assent 16 August 2021
Enacted as Reserve Bank of New Zealand Act 2021 (2021/31)
Divided No

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