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Natural Hazards Insurance Bill

Introduced on March 16. This bill replaces the Earthquake Commission Act 1993 and changes the name of the Earthquake Commission to Toka Tū Ake – Natural Hazards Commission. The overarching objectives of the changes are to enable better community recovery from natural hazards, to clarify the role of the Commission and the cover provided. First reading on March 30 and sent to the Finance and Expenditure Committee with all parties in agreement. Reported back on Sept 29 with minor changes. Second reading on Nov 15 with all parties in favour. Committee stage completed on Nov 8. Natural Hazards Insurance Bill