Auckland Regional Amenities Funding Amendment 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.

The purpose of this bill is to remove from the Auckland Regional Amenities Funding Act 2008 the requirement that specified amenities prepare financial statements according to New Zealand International Financial Reporting Standards, and to allow specified amenities to prepare a single set of financial statements that comply with generally accepted accounting practice.