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Fuel Industry (Improving Fuel Resilience) Amendment Bill

Introduced on June 1. The bill increases the minimum stock levels for petrol, diesel and jet fuel which must be held in NZ and allows for levies to fund this to improve security in case of an energy shock. First reading on June 6 with all parties in favour and sent to the economic development, science and innovation committee. Reported back on Aug 9 with mainly technical changes. Second reading on Aug 15 with Act opposed. Remaining stages completed on Aug 22 with Act opposed.

Fuel Industry (Improving Fuel Resilience) Amendment Bill