The Electronic Monitoring of Offenders Legislation Bill has completed its first reading and been sent to the Law and Order committee for consideration.
The bill progressed on voice vote with no further speeches following the House agreeing to a motion ratifying the Finance Minister’s funding agreement with the Reserve Bank.
Associate Finance Minister Steven Joyce said the motion would renew the five year funding agreement with the Reserve Bank. After a busy work programme recently the Reserve Bank would be narrowing its work programme and its funding would reflect that with minimal increases in funding and no new initiatives.
The funding would include covering the costs of updating bank notes.
Labour’s Grant Robertson said the Reserve Bank needed the money because it was doing the work in areas like housing where the Government had abdicated responsibility.
The motion was approved on a voice vote and after the first reading votes MPs returned to the interrupted second reading debate on the Gambling Amendment Bill (No 3).
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