Financial Service Providers (Registration and Dispute Resolution) Amendment Bill
This bill aims to ensure that financial dispute resolution schemes are governed and operated in an effective and independent manner for the benefit of consumers.
This bill has been accorded urgency in the House.
First detected 11 July 2026, 9:21am UTC.
Member in charge:
Hon Cameron Brewer
· Government bill
· No. 136-2
· urgency accorded 28 May 2026 (the remaining stages of)
The avenues that remain: petitions to
Parliament (including seeking amendment or repeal); consultation on the regulations
that often follow an Act, which do carry public submission windows; and
the member in charge
or your electorate MP
on implementation problems — post-passage corrections ride in later amendment bills.
Stages observed
Stage
Sitting day
Record
Second reading
28 May 2026
The Financial Service Providers (Registration and Dispute Resolution) Amendment Bill was read a second time.
source ·
debate & vote (Hansard)
Committee of the whole House
28 May 2026
The committee stage of the Financial Service Providers (Registration and Dispute Resolution) Amendment Bill was completed.
source ·
debate & vote (Hansard)
Third reading
28 May 2026
The Financial Service Providers (Registration and Dispute Resolution) Amendment Bill was read a third time.
source ·
debate & vote (Hansard)
Dates are sitting days as recorded by the Office of the Clerk; a sitting extended under
urgency continues under its original day. Readings are decided by party
vote: each party casts its members’ votes en bloc (proxies included), so
the whole House needn’t be present and individual attendance isn’t recorded
— the party-by-party tally for each reading is in that day’s Hansard, linked
per stage above.
Who spoke in the debates
Members who took a call in this bill’s debates, from our Hansard corpus. Under
urgency several bills are often debated together (a “cognate” debate), so
speakers may be addressing the group of bills.
AI-assisted analysis · every claim links to primary source ·
corrections
Published 11 Jul 2026, 7:21pm UTC (separate from, and later than, the alert timestamp above)
· model: claude-opus-4-8
In short: The Minister gains power to require and set the terms of independent reviews of financial dispute resolution schemes, and regulations may set board membership requirements.
What changes
Creates an obligationThe person responsible for a scheme must give all reasonable assistance to a reviewer and must not hinder, obstruct, or delay the review.
cl 7 → Financial Service Providers (Registration and Dispute Resolution) Act 2008, s 67D
· affects: persons responsible for approved dispute resolution schemes
· confidence: high
The bill text this is based on
“must give all reasonable assistance to the reviewer to enable the review to be carried out; and(b) must not hinder, obstruct, or delay the reviewer in carrying out the review.”
Creates an obligationThe person responsible for a scheme must, within 3 months of receiving a review report, notify the Minister how they have addressed or intend to address its recommendations.
cl 7 → Financial Service Providers (Registration and Dispute Resolution) Act 2008, s 67F
· affects: persons responsible for approved dispute resolution schemes
· confidence: high
The bill text this is based on
“must, within 3 months after receiving a copy of the report under section 67E, give a written notice to the Minister setting out how they have addressed, or intend to address, the recommendations contained in the report”
Creates an obligationThe person responsible for a scheme must publish the response notice and the review report on a publicly available Internet site within 5 working days of notifying the Minister.
cl 7 → Financial Service Providers (Registration and Dispute Resolution) Act 2008, s 67F
· affects: persons responsible for approved dispute resolution schemes, consumers
· confidence: high
The bill text this is based on
“within 5 working days after giving the notice to the Minister, publish the following on an internet Internet site that is publicly available”
Expands a powerThe Minister may require an independent review of one or more schemes by written notice and may set how it is carried out, and must ensure each scheme is reviewed at least once every 5 years.
cl 7 → Financial Service Providers (Registration and Dispute Resolution) Act 2008, s 67B
· affects: the responsible Minister, persons responsible for approved dispute resolution schemes
· confidence: high
The bill text this is based on
“The Minister may require that an independent review of 1 or more approved dispute resolution schemes be carried out by giving a written notice to the persons responsible for those schemes.”
Expands a powerRegulations may prescribe requirements for the membership, chairperson, and knowledge/skills/independence of a scheme's board or governing body.
cl 11 → Financial Service Providers (Registration and Dispute Resolution) Act 2008, s 79
· affects: persons responsible for approved dispute resolution schemes, scheme board members, the responsible Minister
· confidence: high
The bill text this is based on
“prescribing requirements for the membership of the board or other governing body of the person responsible for an approved dispute resolution scheme, for its chairperson, and for any deputy or acting chairperson”
Creates an obligationA scheme's annual report must include information about any independent review whose report was received during the financial year.
cl 8 → Financial Service Providers (Registration and Dispute Resolution) Act 2008, s 68
· affects: persons responsible for approved dispute resolution schemes, consumers
· confidence: high
The bill text this is based on
“information about any independent review under section 67B if a report on the review was received under section 67E during the financial year”
persons responsible for approved dispute resolution schemesconsumersreviewersthe responsible Ministerscheme board members
Scrutiny
Taken under urgency; the compressed timetable limited scrutiny even where a committee stage existed.
Commencement: The Act comes into force on the day after Royal assent.
Retrospective: no provision identified
Gaps we can see.
Clauses whose effect could not be established from the bill text alone:
cl 5 (amendments to s 56 withdrawal of approval — the target Act text is not supplied, so the effect of inserting a s 79(1)(caa) example, repealing s 56(1)(e)(iii), and adding cross-references cannot be stated plainly), cl 6 (repeal of s 63(1)(q) — content of the repealed rule not supplied), cl 9 (amendments to s 69 further information — target text not fully supplied), cl 13 and Schedule (transitional provision disapplying ss 65 and 66 to certain rule changes — content of ss 65, 66 and 63(1)(q) not supplied).
Method: the model reads the bill as published (claude-opus-4-8); every claim above carries a
verbatim span of that text, checked mechanically — claims that fail the check are
dropped, not softened. Text analysed from
an archived copy of the
official text.
Full methodology →
The law, before and after
Deterministic — no AI involved
Every amendment instruction in the bill, executed mechanically against the archived text
of the Act it changes. Struck text is removed,
highlighted text is added.
14 operations resolved; 2 listed with
the reason they couldn’t be — a visible gap, not a hidden one.
Financial Service Providers (Registration and Dispute Resolution) Act 2008 · 14 resolved, 2 unresolved
New provisioncl 4 — Section 52 amended (Mandatory considerations for approval)
(section 52(1)(c))
The bill says: After section 52(1)(c), insert:
whether the requirements prescribed under section 79(1)(caa) (if any) are complied with:
Before-text from
the Act
Shown as writtencl 5 — Section 56 amended (Withdrawal of approval)
(section 56(1)(a))
The bill says: In section 56(1)(a), after "requirement", insert "(for example, a requirement under section 79(1)(caa))".
We haven’t applied this one as a diff: the quoted text appears 2 times in the provision and the instruction points at one place — no diff is shown rather than guessing which occurrence.
The new text the bill supplies:
(for example, a requirement under section 79(1)(caa))
56 Withdrawal of approval
(1) The Minister may withdraw the approval of an approved dispute resolution scheme after a notice period in accordance with sections 57 and 58 for any or all of the following reasons:
(a) there has been a breach of a prescribed requirement:
(b) there has been a failure to comply with the rules about the scheme:
(ba) the rules about the scheme do not, or no longer, comply with the requirements of section 63:
(c) the person responsible for the scheme has not maintained or published a list of current members as required by section 62:
(d) the person responsible for the scheme has not published the rules as required by section 64:
(e) the person responsible for the scheme has not supplied the Minister with any of the following:
(i) an annual report as required by section 68:
(ii) any further information requested by the Minister under section 69:
(iii) an independent review as required by the rule described in section 63(1)(q):
(f) the person responsible for the scheme has not notified the Minister in accordance with section 65 before changing the rules about the scheme:
(g) the person responsible for the scheme has not complied with section 67:
(h) the scheme no longer satisfies the principles in section 52(2).
(2) When considering whether to withdraw an approval, the Minister must have regard to the considerations referred to in section 52(1)(a) to (g) in light of the principles listed in section 52(2).
(3) The Minister must withdraw the approval of an approved dispute resolution scheme if the person responsible for the scheme so requests, with effect from any future date requested.
(3A) However, despite subsection (3), the Minister is not required to withdraw approval unless the person responsible for the scheme has, at the time of the request,—
(a) given the Minister—
(i) 3 months’ notice of the date on which the proposed withdrawal of approval is to take place; or
(ii) any lesser notice period agreed to by the Minister; and
(b) informed the Minister of adequate arrangements that it has made, or will make, to facilitate the transfer of members of the existing scheme to another approved dispute resolution scheme or schemes.
(4) For the purposes of this section and sections 57 and 58, notice period means 20 working days from the date of the Minister’s notification under section 57(1).
The bill says: In section 56(1)(g), replace "section 67" with "section 67, 67D(1), 67F, or 70".
56 Withdrawal of approval
(1) The Minister may withdraw the approval of an approved dispute resolution scheme after a notice period in accordance with sections 57 and 58 for any or all of the following reasons:
(a) there has been a breach of a prescribed requirement:
(b) there has been a failure to comply with the rules about the scheme:
(ba) the rules about the scheme do not, or no longer, comply with the requirements of section 63:
(c) the person responsible for the scheme has not maintained or published a list of current members as required by section 62:
(d) the person responsible for the scheme has not published the rules as required by section 64:
(e) the person responsible for the scheme has not supplied the Minister with any of the following:
(i) an annual report as required by section 68:
(ii) any further information requested by the Minister under section 69:
(iii) an independent review as required by the rule described in section 63(1)(q):
(f) the person responsible for the scheme has not notified the Minister in accordance with section 65 before changing the rules about the scheme:
(g) the person responsible for the scheme has not complied with section 67:67, 67D(1), 67F, or 70:
(h) the scheme no longer satisfies the principles in section 52(2).
(2) When considering whether to withdraw an approval, the Minister must have regard to the considerations referred to in section 52(1)(a) to (g) in light of the principles listed in section 52(2).
(3) The Minister must withdraw the approval of an approved dispute resolution scheme if the person responsible for the scheme so requests, with effect from any future date requested.
(3A) However, despite subsection (3), the Minister is not required to withdraw approval unless the person responsible for the scheme has, at the time of the request,-
(a) given the Minister-
(i) 3 months' notice of the date on which the proposed withdrawal of approval is to take place; or
(ii) any lesser notice period agreed to by the Minister; and
(b) informed the Minister of adequate arrangements that it has made, or will make, to facilitate the transfer of members of the existing scheme to another approved dispute resolution scheme or schemes.
(4) For the purposes of this section and sections 57 and 58, notice period means 20 working days from the date of the Minister's notification under section 57(1).
63 Rules about approved dispute resolution scheme
(1) The person responsible for an approved dispute resolution scheme must issue rules about that scheme, and those rules must provide for, or set out, the following:
(a) which types of financial service providers may be members of the scheme:
(aa) that the types of financial service providers referred to in paragraph (a) must be accepted as members of the scheme, unless—
(i) refused membership for a reason set out in paragraph (ba); or
(ii) a provider is not eligible for registration under this Act:
(b) how financial service providers become members of the scheme and how membership is terminated:
(ba) that membership may be refused or terminated because of an applicant’s, or a member’s,—
(i) material or persistent breach of a scheme’s rules:
(ii) failure to take remedial action imposed on that provider by a scheme (whether or not that scheme still exists):
(iii) failure to pay a scheme’s membership fee:
(iv) failure to continue to be a type of financial service provider that may be a member of the scheme:
(c) that consumers and businesses that have no more than 19 full-time equivalent employees may make complaints for resolution by the scheme:
(d) how complaints about a member may be made for resolution by the scheme:
(e) a period after which the scheme, if asked by a complainant, must investigate a complaint that has been made directly to a member:
(f) that complaints about members must be investigated in a way that is consistent with the rules of natural justice:
(g) that the scheme has jurisdiction in respect of—
(i) a breach of contract, a statutory obligation, or an industry code; and
(ii) any other prescribed matters; and
(iii) any other matter provided for in the rules:
(h) that any information may be considered in relation to a complaint and any inquiry made that is fair and reasonable in the circumstances:
(i) the remedial action that the scheme can impose on a member to resolve a complaint (for example, a requirement to change systems or to compensate a complainant up to a certain amount stated in the rules):
(j) how remedial action may be enforced against the scheme’s members, including after members have left the scheme:
(k) (l) that the scheme will not charge a fee to any complainant to investigate or resolve a complaint:
(m) that a resolution of a complaint about a member of the scheme is binding on the member concerned:
(n) that a resolution of a complaint about a member of the scheme is binding on the complainant concerned, if the complainant accepts the resolution:
(o) that the complainant may take alternative court action against the member at any time, including if the complainant rejects the resolution:
(p) that the scheme may cease investigating and resolving a complaint if the complainant takes alternative court action against the member:
(q) that an independent review of the scheme must occur at least once every 5 years after the date of the scheme’s approval and must be supplied to the Minister within 3 months of completion:
(r) that the person responsible for the scheme and the scheme’s members must inform the people referred to in paragraph (c) about the scheme:
(s) any other prescribed matters.
(2) The compensation referred to in subsection (1)(i) that the scheme can impose on a member must be able to include, in the case of a complaint relating to a repossession under Part 3A of the Credit Contracts and Consumer Finance Act 2003, compensation for non-financial loss, stress, humiliation, and inconvenience up to a certain amount stated in the rules.
(3) The rules about an approved dispute resolution scheme must be treated as containing any provision that is implied into those rules by regulations made under this Act.
(4) A rule about an approved dispute resolution scheme has no effect to the extent that it is inconsistent with any provision implied into the rules by those regulations.
New provisioncl 7 — New sections 67B to 67F and cross-heading inserted
(section 67A)
The bill says: After section 67A, insert:
67B Independent reviews of schemes
(1) The Minister may require that an independent review of 1 or more approved dispute resolution schemes be carried out by giving a written notice to the persons responsible for those schemes.
(2) The notice may provide for the manner in which the review must be carried out, including providing for any of the following matters:
when and how the review must be carried out:
the reviewer:
the terms of reference for the review:
requirements for the form and content of the report on the review and for when the report must be given to the Minister:
requirements for the persons responsible for the schemes to pay fees and expenses to the reviewer (including providing for how those fees and expenses are to be ascertained and for the share of each of those persons).
(3) The Minister may appoint as the reviewer any person who, in the Minister’s opinion, has the appropriate knowledge, skills, and experience to carry out the review.
(4) The appointment must be made by written notice to the reviewer.
(5) The Minister must ensure that each approved dispute resolution scheme is reviewed under this section at least once every 5 years.
(6) In this section and sections 67D and 67E, reviewer means the person appointed under subsection (3).
67C Minister must consult person responsible for scheme
The Minister must consult the person responsible for a scheme before giving them a notice under section 67B.
67D Reasonable assistance and payment of fees and expenses
(1) The person responsible for a scheme—
must give all reasonable assistance to the reviewer to enable the review to be carried out; and
must not hinder, obstruct, or delay the reviewer in carrying out the review.
(2) The person responsible for a scheme must pay any fee or expense in accordance with a requirement under section 67B(2)(e).
(3) Any amount of a fee or an expense payable to a reviewer is recoverable in any court of competent jurisdiction as a debt due to the reviewer.
67E Report on review
The reviewer must, as soon as practicable after completing a report on a review, give a copy of the report to the Minister and to each person responsible for a scheme to which the review relates.
67F Person responsible for scheme must respond to report
(1) The person responsible for a scheme must, within 3 months after receiving a copy of the report under section 67E, give a written notice to the Minister setting out how they have addressed, or intend to address, the recommendations contained in the report (including reasons for that response).
(2) The person responsible for a scheme must, within 5 working days after giving the notice to the Minister, publish the following on an internet Internet site that is publicly available (at all reasonable times):
the notice; and
the report received under section 67E.
68 Annual report
(1) The person responsible for an approved dispute resolution scheme must supply to the Minister, within 3 months after the end of the financial year applying to the scheme, an annual report containing prescribed information about the schemescheme’s operation in relation to that financial year.
(2) The report must include—
information about complaints received during the financial year; and
information about any independent review under section 67B if a report on the review was received under section 67E during the financial year; and
the information about the scheme that is prescribed by the regulations (if any).
New provisioncl 9 — Section 69 amended (Person responsible for approved dispute resolution scheme must supply further information on Minister’s request)
(section 69(1)(b))
The bill says: After section 69(1)(b), insert:
any further information requested by the Minister in connection with a notice given under section 67F.
Before-text from
the Act
New provisioncl 9 — Section 69 amended (Person responsible for approved dispute resolution scheme must supply further information on Minister’s request)
(section 69(1))
The bill says: After section 69(1), insert:
(1A) The person responsible for an approved dispute resolution scheme must supply the requested information within the time and in the manner specified by the Minister.
Before-text from
the Act
Amendedcl 10 — Section 70 amended (Annual report and information requested by Minister to be publicly available)
(heading to section 70)
The bill says: In the heading to section 70, delete "and information requested by Minister".
70 Annual report and information requested by Minister to be publicly available
The person responsible for an approved dispute resolution scheme must make copies of its annual report available for inspection by the public, free of charge,-
(a) at the scheme's head office (during ordinary office hours); and
(b) on an Internet site in an electronic form that is publicly available (at all reasonable times).
New provisioncl 11 — Section 79 amended (Regulations under this Part)
(section 79(1)(c))
The bill says: After section 79(1)(c), insert:
prescribing requirements for the membership of the board or other governing body of the person responsible for an approved dispute resolution scheme, for its chairperson, and for any deputy or acting chairperson, including prescribing any of the following (which may be specified for 1 or more members or for the board or other governing body as a group):
requirements for the knowledge, skills, and experience of members (see subsection (1BA)):
grounds for disqualifying a person from being a member (see subsection (1BA)):
requirements to ensure that members, and the board or other governing body, are reasonably independent of any financial service provider or group of financial service providers (for example, to prevent a member from representing, or promoting the interests or views of, any industry participants):
requirements to ensure that the board or other governing body is reasonably independent of any financial service provider or group of financial service providers (for example, limits on the number or proportion of members of the board or governing body who may represent, or promote the interests or views of, any industry participants):
Before-text from
the Act
Repealedcl 11 — Section 79 amended (Regulations under this Part)
(section 79(1)(e))
The bill says: Repeal section 79(1)(e).
79 Regulations under this Part
(1) The Governor-General may, by Order in Council made on the recommendation of the Minister, make regulations for all or any of the following purposes:
(a) exempting any person or class of persons from the obligation to be a member of an approved dispute resolution scheme and prescribing the terms and conditions (if any) of the exemption:
(aa) providing rules for an interim dispute resolution scheme:
(b) prescribing the information or documents to be supplied to the Minister as part of an application under this Part:
(c) prescribing processes for applications for the approval of dispute resolution schemes:
(ca) prescribing matters for the purposes of section 63(1)(g)(ii) and (s):
(cb) prescribing provisions to be implied into rules about approved dispute resolution schemes:
(d) prescribing rules for a class of approved dispute resolution scheme or for all approved dispute resolution schemes in the event that approval of those schemes is withdrawn:
(da) prescribing matters for the purposes of section 67(1)(f), including the circumstances in which information must be provided under that paragraph, the information that must be provided, and to whom and the manner in which it must be provided:
(e) prescribing the information that must be included in every annual report supplied in accordance with section 68, which must include—
(i) information about any independent review that occurred within the previous 12 months; and
(ii) information about a scheme’s operation (including complaints received):
(f) prescribing fees payable in respect of any matter under this Part or the manner in which fees may be calculated:
(g) providing for any other matters contemplated by this Part, necessary for its administration, or necessary for giving it full effect.
(1A) The Minister must not recommend the making of regulations under subsection (1)(a), unless the Minister is satisfied that—
(a) the exemption is consistent with the purposes of this Act; and
(b) the costs of compliance with the obligation would be unreasonable or not justified by the benefits of compliance.
(1B) The Minister must not recommend the making of regulations under subsection (1)(aa) unless the Minister—
(a) is satisfied that—
(i) members of a scheme that has ceased, or will cease, to be an approved dispute resolution scheme would be, or are, unable to reasonably become members of another approved dispute resolution scheme; and
(ii) the interim dispute resolution scheme will be consistent with the purpose of this Part (see section 47); and
(iii) the interim dispute resolution scheme will be capable of providing a scheme for the purpose of this Part; and
(iv) the rules of the interim dispute resolution scheme will comply with section 63; and
(b) has consulted the FMA and any other persons that the Minister considers are likely to be substantially affected by the establishment of an interim dispute resolution scheme.
(1C) The Minister must not recommend the making of regulations under subsection (1)(ca) or (cb) unless the Minister has consulted the FMA and any other persons that the Minister considers are likely to be substantially affected by the regulations.
(1D) However, a failure to consult with the persons referred to in subsection (1B)(b) or (1C) does not affect the validity of the regulations.
(2) The Minister may refuse to make a decision under this Part until the prescribed fee is paid.
(3) Any Order in Council made under subsection (1) may—
(a) prescribe the method of payment of a fee; and
(b) authorise the Minister to refund or waive, in whole or in part and on any prescribed conditions, payment of a fee in relation to any person or class of persons.
(4) Any fee or amount payable under this Part is recoverable in any court of competent jurisdiction as a debt due to the Crown.
(5) Regulations under this section are secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).
(6) If the regulations authorise the Minister under subsection (3)(b) to grant refunds or waivers in respect of a class of persons,—
(a) the instrument granting the refund or waiver is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements); and
(b) the regulations must contain a statement to that effect.
Legislation Act 2019 requirements for secondary legislation referred to in subsection (5)
Publication
PCO must publish it on the legislation website and notify it in the Gazette
LA19 s 69(1)(c)
Presentation
The Minister must present it to the House of Representatives
LA19 s 114, Sch 1 cl 32(1)(a)
Disallowance
It may be disallowed by the House of Representatives
LA19 ss 115, 116
This note is not part of the Act.
Legislation Act 2019 requirements for secondary legislation referred to in subsection (6)(a)
Publication
See the relevant publication, presentation, and disallowance table in the secondary legislation referred to in subsection (5)
LA19 ss 73, 74, Sch 1 cl 14
Presentation
The Minister must present it to the House of Representatives, unless a transitional exemption applies under Schedule 1 of the Legislation Act 2019
LA19 s 114, Sch 1 cl 32
Disallowance
It may be disallowed by the House of Representatives
LA19 ss 115, 116
This note is not part of the Act.
New provisioncl 11 — Section 79 amended (Regulations under this Part)
(section 79(1B))
The bill says: After section 79(1B), insert:
(1BA) The matters referred to in subsection (1)(caa)(i) and (ii) may be specified for 1 or more members or for the board or other governing body as a group.
Before-text from
the Act
Amendedcl 11 — Section 79 amended (Regulations under this Part)
(section 79(1C))
The bill says: In section 79(1C), replace "(1)(ca)" with "(1)(caa), (ca),".
79 Regulations under this Part
(1) The Governor-General may, by Order in Council made on the recommendation of the Minister, make regulations for all or any of the following purposes:
(a) exempting any person or class of persons from the obligation to be a member of an approved dispute resolution scheme and prescribing the terms and conditions (if any) of the exemption:
(aa) providing rules for an interim dispute resolution scheme:
(b) prescribing the information or documents to be supplied to the Minister as part of an application under this Part:
(c) prescribing processes for applications for the approval of dispute resolution schemes:
(ca) prescribing matters for the purposes of section 63(1)(g)(ii) and (s):
(cb) prescribing provisions to be implied into rules about approved dispute resolution schemes:
(d) prescribing rules for a class of approved dispute resolution scheme or for all approved dispute resolution schemes in the event that approval of those schemes is withdrawn:
(da) prescribing matters for the purposes of section 67(1)(f), including the circumstances in which information must be provided under that paragraph, the information that must be provided, and to whom and the manner in which it must be provided:
(e) prescribing the information that must be included in every annual report supplied in accordance with section 68, which must include-
(i) information about any independent review that occurred within the previous 12 months; and
(ii) information about a scheme's operation (including complaints received):
(f) prescribing fees payable in respect of any matter under this Part or the manner in which fees may be calculated:
(g) providing for any other matters contemplated by this Part, necessary for its administration, or necessary for giving it full effect.
(1A) The Minister must not recommend the making of regulations under subsection (1)(a), unless the Minister is satisfied that-
(a) the exemption is consistent with the purposes of this Act; and
(b) the costs of compliance with the obligation would be unreasonable or not justified by the benefits of compliance.
(1B) The Minister must not recommend the making of regulations under subsection (1)(aa) unless the Minister-
(a) is satisfied that-
(i) members of a scheme that has ceased, or will cease, to be an approved dispute resolution scheme would be, or are, unable to reasonably become members of another approved dispute resolution scheme; and
(ii) the interim dispute resolution scheme will be consistent with the purpose of this Part (see section 47); and
(iii) the interim dispute resolution scheme will be capable of providing a scheme for the purpose of this Part; and
(iv) the rules of the interim dispute resolution scheme will comply with section 63; and
(b) has consulted the FMA and any other persons that the Minister considers are likely to be substantially affected by the establishment of an interim dispute resolution scheme.
(1C) The Minister must not recommend the making of regulations under subsection (1)(ca)(1)(caa), (ca), or (cb) unless the Minister has consulted the FMA and any other persons that the Minister considers are likely to be substantially affected by the regulations.
(1D) However, a failure to consult with the persons referred to in subsection (1B)(b) or (1C) does not affect the validity of the regulations.
(2) The Minister may refuse to make a decision under this Part until the prescribed fee is paid.
(3) Any Order in Council made under subsection (1) may-
(a) prescribe the method of payment of a fee; and
(b) authorise the Minister to refund or waive, in whole or in part and on any prescribed conditions, payment of a fee in relation to any person or class of persons.
(4) Any fee or amount payable under this Part is recoverable in any court of competent jurisdiction as a debt due to the Crown.
(5) Regulations under this section are secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).
(6) If the regulations authorise the Minister under subsection (3)(b) to grant refunds or waivers in respect of a class of persons,-
(a) the instrument granting the refund or waiver is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements); and
(b) the regulations must contain a statement to that effect.
Legislation Act 2019 requirements for secondary legislation referred to in subsection (5)
Publication
PCO must publish it on the legislation website and notify it in the Gazette
LA19 s 69(1)(c)
Presentation
The Minister must present it to the House of Representatives
LA19 s 114, Sch 1 cl 32(1)(a)
Disallowance
It may be disallowed by the House of Representatives
LA19 ss 115, 116
This note is not part of the Act.
Legislation Act 2019 requirements for secondary legislation referred to in subsection (6)(a)
Publication
See the relevant publication, presentation, and disallowance table in the secondary legislation referred to in subsection (5)
LA19 ss 73, 74, Sch 1 cl 14
Presentation
The Minister must present it to the House of Representatives, unless a transitional exemption applies under Schedule 1 of the Legislation Act 2019
LA19 s 114, Sch 1 cl 32
Disallowance
It may be disallowed by the House of Representatives
LA19 ss 115, 116
This note is not part of the Act.
New provisioncl 12 — New section 79AAA inserted (Validity of appointments and acts not affected by failure to comply with regulations)
(section 79)
The bill says: After section 79, insert:
79AAA Validity of appointments and acts not affected by failure to comply with regulations
(1) The validity of the following is not affected by any failure to comply with a requirement prescribed under section 79(1)(caa):
the appointment of a person as a member, chairperson, or deputy or acting chairperson of a board:
the acts of a board:
the acts of a person as a member, chairperson, or deputy or acting chairperson of a board.
(2) In this section, board means the board or other governing body of the person responsible for an approved dispute resolution scheme.
Before-text from
the Act
Shown as writtencl 13 — Schedule 1AA amended
(Schedule 1AA)
The bill says: In Schedule 1AA, insert the Part set out in the Schedule of this Act as the last Part
We haven’t applied this one as a diff: this instruction restructures a schedule (tables, forms or lists), which we can't yet apply mechanically — the change is shown as written.
In-place amendments are anchor-verified: the instruction’s own quoted text must
occur in the archived provision, which proves the archive is current enough for that
operation. Whole-provision replacements show the provision as archived on the date given
— later amendments by other Acts, if any, would not appear. Rows marked
AI-read had unusually-phrased instructions translated into a standard operation
by a model; the translation is checked word-for-word against the instruction, and the
change is still applied and verified mechanically.
Full methodology →
Source record — the urgency motion as published
28 May 2026
— scope: the remaining stages of
(All remaining stages)
A motion to accord urgency to the following business was agreed to:
- the first reading of the Appropriation (2025/26 Supplementary Estimates) Bill;
- the introduction and passing through all stages of:
- the Taxation (Budget Measures) Bill (No 3);
- the Social Security (Modernisation) Amendment Bill;
- the Gas (Market Transparency) Amendment Bill;
- the third reading of:
- the Regulatory Systems (Internal Affairs) Amendment Bill;
- the Credit Contracts and Consumer Finance Amendment Bill;
- the remaining stages of:
- the Financial Service Providers (Registration and Dispute Resolution) Amendment Bill; and
- the Patents Amendment Bill;
