Energy Resources Levy 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 key purpose of this bill is to ensure that the Crown receives a fair financial return for its natural gas, which aligns with Principle 8 of the Government’s Resource Strategy Responsibly Delivering Value – A Minerals and Petroleum Resource Strategy for Aotearoa New Zealand: 2019-2029.