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Deposit Takers 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 provisions in the bill are intended to help protect society from the damage to New Zealand's financial system and wider economy that could be caused by unexpected external factors, excessive risk taking by the deposit-taking sector, and the unmanaged failures of individual deposit takers.MP in charge
Hon Grant RobertsonCommittee
Finance and ExpenditureBill No.162-3
53Parliament
Progress of the Bill
Details
Assented on 05 Jul 2023
Act: Deposit Takers Act 2023
Royal Assent
The Governor-General formally signs the bill into law.
Bill () [ MB]
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