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Contracts of Insurance Bill

Government Bill
Published date: 15 Nov 2024

Bills are proposals to make a new law or to change an existing one. Only Parliament can pass a bill. Each bill goes through several stages, giving MPs and the public the chance to have their say.

This omnibus bill seeks to enable consumers and businesses to effectively protect themselves against risk, while minimising costs and impacts on insurers' willingness to provide insurance in New Zealand.
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MP in charge
Hon Andrew Bayly
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Committee
Finance and Expenditure
confirmation_number Bill No.41-3
account_balance54Parliament
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Read the bill

Link to NZ Legislation website

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Amendment Papers

Link to NZ Legislation website

Progress of the Bill

Details
today

Assented on 14 Nov 2024

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Act: Contracts of Insurance Act 2024

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Royal Assent

The Governor-General formally signs the bill into law.

Resources

  • Member(s) in charge: Hon Andrew Bayly
    Type of Bill: Government
    Parliament: 54
    Bill no: 41-3
    Introduction: 28 Apr 2024
    First reading agreed: 02 May 2024
    Referred to: Finance and Expenditure
    Submissions due: 02 Jun 2024
    Select Committee Report(s): Contracts of Insurance Bill - 02 Sep 2024
    Second reading agreed: 17 Oct 2024
    Committee of the whole House concluded: 07 Nov 2024
    Third reading agreed: 13 Nov 2024
    Royal assent: 14 Nov 2024
    Act: Contracts of Insurance Act 2024

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