Mixed Ownership Model Bill - Amendment paper No 053
Mixed Ownership Model Bill - Amendment paper No 053
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Mixed Ownership Model Bill - Amendment paper No 053
No 53
House of Representatives
Supplementary Order Paper
Tuesday, 19 June 2012
Mixed Ownership Model Bill
Proposed amendment
Chris Hipkins, in Committee, to move the following amendment:
Clause 2
In clause 2, before subclause (1) (line 5 on page 3), insert:
(1AA) Despite any other provision in this Act, subsections (1) and (2) have no effect, unless a resolution of the House of Representatives is passed by a majority of 75% approving their commencement.
Explanatory note
The sale of state assets is an issue of great importance to New Zealand and should not be done without the agreement of an overwhelming majority in Parliament.
The vast majority of New Zealanders oppose asset sales and in submissions on this bill of almost 1500 only 9 were not opposed to it. A bill with public opposition of this magnitude should not commence having been passed by a majority of 1 in Parliament.
This amendment will require the bill to have the support of a 75% majority in the House of Representatives before it can come into effect.
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Mixed Ownership Model Bill - Amendment paper No 053
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