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Public Finance (Well-being) Amendment Bill (Consistent) [2019] NZBORARp 47 (30 July 2019)
Last Updated: 11 March 2020
30 July 2019
LEGAL ADVICE
LPA 01 01 24
Hon David Parker, Attorney-General
Consistency with the New Zealand Bill of Rights Act 1990: Public Finance
(Well- being) Amendment Bill
- We
have considered whether the Public Finance (Well-being) Amendment Bill
(‘the Bill’) is consistent with the rights and
freedoms affirmed in
the New Zealand Bill of Rights Act 1990 (‘the Bill of Rights
Act’).
- We
have not yet received the final version of the Bill. This advice has been
prepared in relation to a recent version of the Bill
(PCO21902/1.5). We will
provide you with further advice if the final version includes amendments that
affect the conclusions in this
advice.
- The
Bill amends the Public Finance Act 1989 (‘the principal Act’) to
introduce requirements for the Government to report
annually on its well-being
objectives, and for the Treasury to report periodically on well-being
indicators. More specifically the
Bill:
- inserts
well-being objectives that will guide the Government’s Budget decisions
into the budget policy statement;
- requires
the Government in its fiscal strategy report to explain how well-being
objectives have guided the Government’s Budget
decisions;
- requires
the investment statement prepared by the Treasury to be accompanied by a
statement of responsibility signed by the Secretary
to the Treasury;
and
- requires
the responsible Minister to present to the House of Representatives, at regular
intervals, a report on well-being prepared
by the Treasury.
- We
have concluded that the Bill appears to be consistent with the rights and
freedoms affirmed in the Bill of Rights Act.
Edrick Child
Deputy Chief Legal Counsel Office of Legal Counsel
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