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Business Payment Practices 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 would introduce a regime that aims to bring transparency to business-to-business payment terms and practices in New Zealand.MP in charge
Hon Stuart NashMP in charge
Hon Ginny Andersen
Bill No.179-2
53Parliament
Progress of the Bill
Details
Assented on 25 Jul 2023
Act: Business Payment Practices Act 2023
Royal Assent
The Governor-General formally signs the bill into law.
Bill () [ MB]
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Member(s) in charge: Hon Stuart Nash, Hon Ginny Andersen Type of Bill: Government Parliament: 53 Bill no: 179-2 Introduction: 25 Oct 2022 First reading agreed: 08 Nov 2022 Referred to: Economic Development, Science and Innovation Submissions due: 07 Jan 2023 Select Committee Report(s): Business Payment Practices Bill - 25 Apr 2023 Second reading agreed: 01 Jun 2023 Committee of the whole House concluded: 18 Jul 2023 Third reading agreed: 18 Jul 2023 Royal assent: 25 Jul 2023 Act: Business Payment Practices Act 2023