Member’s Bill
14—1
This bill aims to protect the public interest by prohibiting New Zealand from entering international agreements that include provision for investor-state dispute settlement.
Clause 1 states the bill’s title.
Clause 2 provides for the bill’s commencement.
Clause 3 states the bill’s purpose.
Clause 4 provides that the bill binds the Crown.
Clause 5 states that New Zealand must not enter into an agreement with one or more foreign countries that includes provision for investor-state dispute settlement.
Fletcher Tabuteau
The Parliament of New Zealand enacts as follows:
This Act is the Fighting Foreign Corporate Control Act 2015.
This Act comes into force on the day after the date on which it receives the Royal assent.
The purpose of this Act is to protect New Zealand laws by prohibiting New Zealand from entering international agreements that include provision for investor-state dispute settlement.
This Act binds the Crown.
New Zealand must not enter into an agreement with one or more foreign countries that includes provision for investor-state dispute settlement.