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.
84 ayes (supporters)
35 noes (opposers)
Motion agreed to; Motion agreed to.
|Bill||Reserve Bank of New Zealand Bill|
|Vote date||8 December 2020|
|Reason||A party vote was called for on the question, That the Reserve Bank of New Zealand Bill be now read a first time.|
|Outcome||Motion agreed to.|
|Vote type||Party vote|
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