OpenBrief
Log in Sign up
Automated — factual, not analysed

Gas (Market Transparency) Amendment Bill

This bill amends the Gas Act 1992, and is intended to improve the information available to help the Government monitor gas markets and help market participants make more efficient decisions.

This bill has been accorded urgency in the House, bypassing select committee and its submission window. It passed in a single sitting day. First detected 11 July 2026, 9:21am UTC.

Member in charge: Hon Simeon Brown · Government bill · No. 322-1 · urgency accorded 28 May 2026 (the introduction and passing through all stages of)

This bill has passed — what remains open

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

StageSitting dayRecord
Introduction 28 May 2026 Introduction of bills: Gas (Market Transparency) Amendment Bill source · debate & vote (Hansard)
First reading 28 May 2026 The Gas (Market Transparency) Amendment Bill was read a first time. source · debate & vote (Hansard)
Second reading 28 May 2026 The Gas (Market Transparency) Amendment Bill was read a second time. source · debate & vote (Hansard)
Committee of the whole House 28 May 2026 The committee stage of the Gas (Market Transparency) Amendment Bill was completed. source · debate & vote (Hansard)
Third reading 28 May 2026 The Gas (Market Transparency) 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.

Simon Watts National · 6 Hon Dr Deborah Russell Labour · 3 Megan Woods Labour · 3 Rachel Brooking Labour · 3 Steve Abel Greens · 3 Andy Foster NZ First · 2 Dan Bidois National · 2 Ryan Hamilton National · 2 Scott Willis Greens · 2 Simon Court ACT · 2 Tom Rutherford National · 2 Lawrence Xu-Nan Greens · 1 Nancy Lu National · 1 Reuben Davidson Labour · 1

What this touches

Topics in the OpenBrief corpus matched to this bill’s title, with their volume over the last six weeks — how loud the subject already was when urgency was moved. This is retrieval against our existing corpus, not model judgement.

TopicPress items · 6wkSocial posts · 6wk
insurance market transparency 1 6
political-transparency 6 194

What this bill changes

AI-assisted analysis · every claim links to primary source · corrections
Published 12 Jul 2026, 7:21am UTC (separate from, and later than, the alert timestamp above) · model: claude-opus-4-8

In short: Creates a regulation-making power letting the Government compel gas industry participants and non-domestic consumers to disclose market information, which may be published.

What changes
Creates an obligation Regulations may require industry participants and non-domestic consumers to disclose gas market information (including reserves, forecasts, trades, prices, and supply risks) to the industry body or the Secretary.
cl 4 → Gas Act 1992, s 56AA · affects: gas industry participants, consumers other than domestic consumers · confidence: high
The bill text this is based on
“requiring an industry participant or a consumer (other than a domestic consumer) to disclose information about gas markets (gas markets information) to the industry body or the Secretary (or both)”
Expands a power The industry body or the Secretary may publish information disclosed under the new regulations, or any analysis or summary of it.
cl 4 → Gas Act 1992, s 56AAB · affects: gas industry participants, consumers other than domestic consumers · confidence: high
The bill text this is based on
“The industry body or the Secretary (or both) may publish any information disclosed under regulations made under section 56AA (or any analysis or summary of that information)”
Expands a power The Governor-General is empowered to make regulations on the Minister's recommendation to require gas market information disclosure.
cl 4 → Gas Act 1992, s 56AA · affects: Governor-General, Minister · confidence: high
The bill text this is based on
“The Governor-General may, by Order in Council, on the recommendation of the Minister, make regulations for all or any of the following purposes:”
Creates an obligation Regulations may require gas market information to be independently assessed for accuracy and certified by an approved person.
cl 4 → Gas Act 1992, s 56AA · affects: gas industry participants, consumers other than domestic consumers · confidence: high
The bill text this is based on
“requiring the contents of gas markets information to be independently assessed for accuracy and certified by a person who is approved by the industry body or the Secretary (or both)”
Narrows a power The Minister may recommend disclosure regulations only if satisfied the disclosure is necessary or desirable for specified purposes.
cl 4 → Gas Act 1992, s 56AA · affects: Minister · confidence: high
The bill text this is based on
“The Minister may recommend any regulations to require the disclosure of information under this section only if the Minister is satisfied that the disclosure is necessary or desirable for 1 or more of the following purposes:”
Who this affects
gas industry participantsconsumers other than domestic consumersGovernor-GeneralMinister
Scrutiny

Passed without a select committee stage — it passed in a single sitting day.

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 / Schedule: amendments to ss 43F(4), 43G(2A), 55(2A), 57(1)(a), 57(2), 57A of the Gas Act 1992 — these insert cross-references to the new s 56AA into provisions whose current text is not supplied, so the substantive effect cannot be determined from the bill alone..

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. 1 operations resolved.

Gas Act 1992 · 1 resolved
New provision cl 4 — New sections 56AA and 56AAB and cross-heading inserted (section 56A)
The bill says: After section 56A, insert:
56AA Regulations relating to disclosure of market information to industry body or Secretary (1) The Governor-General may, by Order in Council, on the recommendation of the Minister, make regulations for all or any of the following purposes: requiring an industry participant or a consumer (other than a domestic consumer) to disclose information about gas markets (gas markets information) to the industry body or the Secretary (or both), including, for example, any of the following to the extent that it relates to gas markets: petroleum reserves and resources within the meaning of the Petroleum Resources Management System: forecasts of supply or demand: information about how much gas has been supplied or is being supplied to consumers: information about any risks to security of supply, including outages: information about agreements to trade gas, including volumes traded, prices, parties to the agreement, and duration of the agreement: information about an industry participant or a consumer (other than a domestic consumer) that has, or may have, a significant effect on other industry participants or consumers: information to help other industry participants or consumers (other than domestic consumers) to make informed decisions in connection with the gas markets: prescribing the circumstances in which gas markets information must be disclosed to the industry body or the Secretary (or both) (for example, when requested, at a specified time, or on the occurrence of a specified event): prescribing the form and manner in which gas markets information must be disclosed to the industry body or the Secretary (or both): prescribing the information that must be recorded and retained about any gas markets information, including the methodologies that must be applied in recording the information: requiring the contents of gas markets information to be independently assessed for accuracy and certified by a person who is approved by the industry body or the Secretary (or both) (in the prescribed manner, if any). (2) The Minister may recommend any regulations to require the disclosure of information under this section only if the Minister is satisfied that the disclosure is necessary or desirable for 1 or more of the following purposes: to help industry participants or consumers (other than domestic consumers) (or both) to make informed decisions: to assist the Government in overseeing, monitoring, or regulating any gas market: to assist in the co-regulation of the gas industry by the Government and the industry body. (3) In this section, domestic consumer, industry body, and industry participant have the meanings set out in section 43D. (4) In this section, Petroleum Resources Management System means the system of that name developed and published by the Society of Petroleum Engineers and available on the Society’s Internet site. (5) Nothing in section 43F, 43G, or 55 limits this section. (6) Regulations made under this section are secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements). 56AAB Industry body or Secretary may publish information The industry body or the Secretary (or both) may publish any information disclosed under regulations made under section 56AA (or any analysis or summary of that information) if the industry body or Secretary is satisfied that publishing the information is necessary or desirable for 1 or more of the purposes set out in section 56AA(2)(a) to (c).
Before-text from the Act

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 introduction and passing through all stages of (All 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;
Source: Daily progress in the House → · Hansard for this sitting day →