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Natural Hazards Insurance Bill
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 bill replaces the Earthquake Commission Act 1993 and changes the name of the Earthquake Commission to Toka Tū Ake – Natural Hazards Commission. The overarching objectives of the changes are to enable better community recovery from natural hazards, to clarify the role of the Commission and the cover provided by the Bill, and to enhance the durability and flexibility of the legislation.MP in charge
Hon Dr Deborah RussellCommittee
Finance and ExpenditureBill No.113-3
53Parliament
Progress of the Bill
Details
Assented on 26 Feb 2023
Act: Natural Hazards Insurance Act 2023
Royal Assent
The Governor-General formally signs the bill into law.
Bill () [ MB]
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Member(s) in charge: Hon Dr Deborah Russell Type of Bill: Government Parliament: 53 Bill no: 113-3 Introduction: 15 Mar 2022 First reading agreed: 30 Mar 2022 Referred to: Finance and Expenditure Submissions due: 12 May 2022 Select Committee Report(s): Natural Hazards Insurance Bill - 29 Sep 2022 Second reading agreed: 14 Nov 2022 Committee of the whole House concluded: 08 Dec 2022 Third reading agreed: 21 Feb 2023 Royal assent: 26 Feb 2023 Act: Natural Hazards Insurance Act 2023