New Zealand Gazette – 1992 – No. 105

Page 2373

✨ Parliamentary Summary



9 JULY
NEW ZEALAND GAZETTE
2373

Parliamentary Summary

Bills Assented To

Government Bills

30 June 1992

Government Superannuation Fund Amendment (No. 4) 61
Defence Amendment 62
Police Amendment (No. 3) 63
State Sector Amendment (No. 2) 64
Area Health Boards Amendment (No. 3) 65
Higher Salaries Commission Amendment 66
Transport Amendment (No. 3) 67
Police Amendment (No. 2) 68
Transport Services Licensing Amendment (No. 2) 69
Transit New Zealand Amendment (No. 3) 70
Local Government Amendment (No. 5) 71

2 July 1992

Lake Pukaki Water Level Empowering 72

Bills Introduced

Government Bills

(Minister/Member in Charge Shown in Parenthesis)

30 June 1992

Union Representatives Education Leave Act Repeal Bill (Rt. Hon. W. F. Birch) Labour
Forests Amendment Bill (Hon. John Falloon) Planning and Development
Taxation Reform Bill (No. 5) (Hon. Wyatt Creech) Finance and Expenditure
Appropriation Bill (No. 6) (Hon. Ruth Richardson) Money Bill—not referred
Transit New Zealand Amendment (No. 4) (Hon. Rob Storey) Under urgency—not referred

Summary of Bills Introduced

Union Representatives Education Leave Act Repeal Bill

This bill repeals the Union Representatives Education Leave Act 1986 and dissolves the Trade Union Education Authority. All real and personal property of the Trade Union Education Authority, and all rights and liabilities of that Authority, become vested in the Crown.

Forests Amendment Bill

This bill implements new policies relating to indigenous forests. The new provisions are inserted into the Forests Act 1949 as a new Part IIIA. Some areas of indigenous forest land have been excluded from the principal Act.

New Part IIIA deals with matters such as export and sawmill controls, sustainable management plans, and miscellaneous provisions concerned with: rights of appeal to the Planning Tribunal; powers of entry and seizure of Forestry Officers; offences; forfeiture and release of seized indigenous timber; and the requirement to obtain necessary resource consents under the Resource Management Act 1991 before cutting and felling.

Clause 6 outlines transitional provisions for the commencement of the prohibition on milling contained in section 67D. Clause 7 relates to compensation for persons affected by export bans.

Taxation Reform Bill (No. 5)

This bill amends the Income Tax Act 1976, the Goods and Services Tax Act 1985, the Estate and Gift Duties Act 1968, the Stamp and Cheque Duties Act 1971, the Gaming Duties Act 1971, and the Gaming and Lotteries Act 1977.

While many of the proposed amendments are of a miscellaneous nature, a large proportion of them relate to—

(a) The introduction of a new depreciation regime;

(b) The introduction of a new regime whereby wholly-owned companies that elect to form a consolidated group will generally be subject to tax as if they were a single company;

(c) A rewrite of the provisions relating to the taxation of petroleum mining that incorporates new treatments of exploration and development expenditure and of farm-out arrangements; and



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✨ LLM interpretation of page content

🏛️ Government Bills Assented To

🏛️ Governance & Central Administration
30 June 1992
Government Bills, Assent, Legislation

🏛️ Government Bills Assented To

🏛️ Governance & Central Administration
2 July 1992
Government Bills, Assent, Legislation

🏛️ Government Bills Introduced

🏛️ Governance & Central Administration
30 June 1992
Government Bills, Introduction, Legislation
  • Rt. Hon. W. F. Birch
  • Hon. John Falloon
  • Hon. Wyatt Creech
  • Hon. Ruth Richardson
  • Hon. Rob Storey

🏛️ Union Representatives Education Leave Act Repeal Bill

🏛️ Governance & Central Administration
30 June 1992
Repeal Bill, Union Representatives, Education Leave
  • Rt. Hon. W. F. Birch

🏛️ Forests Amendment Bill

🏛️ Governance & Central Administration
30 June 1992
Amendment Bill, Forests, Indigenous Forests
  • Hon. John Falloon

🏛️ Taxation Reform Bill (No. 5)

🏛️ Governance & Central Administration
30 June 1992
Taxation Reform, Income Tax, GST
  • Hon. Wyatt Creech