Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Greens' Casino Bill Unnecessary


Greens' Casino Bill Unnecessary

Press Release by ACT Leader John Banks


Wednesday, November 14 2012

Green MP Metiria Turei’s Criminal Proceeds (Recovery) Act (Application to Casinos) Amendment Bill promises a lot but in reality will achieve nothing, ACT Leader John Banks said today.

“The intention of the bill is to encourage casinos to implement the best practices and systems to detect and prevent problem gamblers and money launderers, and return those proceeds to the people from whom they were stolen, but many of the bill’s aims are already achieved by existing legislation rendering it unnecessary,” Mr Banks said.

“The Gambling Act already places a requirement on casinos to adopt policies to identify problem gamblers and requires them to minimise the harm from problem gambling. If they don’t comply they can be fined and risk losing their licence.

“The Financial Transactions Reporting Act 1996 requires casinos to keep transaction records and to verify the identity of people conducting occasional activity when the amount is $10,000 or more. Casinos must report suspicious transactions to the police.

“The Anti-Money Laundering and Countering Financing of Terrorism Act 2009, which comes into force in 2013, will put in place a more robust regime to monitor, detect, and report suspicious activity to prevent money laundering.

“Therefore, there is no need for Ms Turei’s bill.

“In addition, Ms Turei claims she wants to help victims of problem gambling by returning stolen money to them but the civil forfeiture regime she wants to apply to casinos returns money to the Crown, not the victims.

“Good intentions are one thing but it’s outcomes that really matter. This bill would create unnecessary layers of regulation for no additional benefit. This is why we won’t support it,” Mr Banks said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Patience: Drive Safe

Be patient before passing is the AA's message for drivers this Labour weekend.

"People taking crazy risks to get past other vehicles is one of the most dangerous things on the road,” says AA spokesperson Dylan Thomsen.

“The weather is looking good for the long weekend so the roads will be busy. Unfortunately, that also increases the chances of people getting frustrated and trying a risky passing manoeuvre. When they get past, there will probably be more traffic up ahead anyway so it won’t get people there faster.” More>>

 
 

Parliament Today:

Employment Relations Bill: Govt Strains To Get Tea Break Law Through

The Government has been left with egg on its face - failing to get its much-vaunted, but hugely unpopular, meal break law passed in the first week of its new term, Labour spokesperson on Labour Issues Andrew Little says. More>>

ALSO:

Guns: Police Association Call To Arm Police Full Time

"The new minister gave his view, that Police do not need to be armed, while standing on the forecourt of parliament. The dark irony was that the interview followed immediately after breaking news of a gunman running amok in the Canadian parliament in Ottawa..." More>>

ALSO:

Gordon Campbell: On The Tokenism Of New Zealand's Role Against Islamic State

Our contribution against IS will be to send SAS forces to train the Iraqis? That’s like offering trainers to General Custer just as the 7th cavalry reached the Little Big Horn. More>>

ALSO:

Scoop Business: Shell And Todd Caught Drilling Without Approval

Multi-national oil company Shell’s New Zealand arm and local energy giant Todd Energy have breached the new law governing New Zealand’s Exclusive Economic Zone, the Environmental Protection Authority says in an Oct. 10 document released by the Green Party. More>>

ALSO:

Gordon Campbell: On Pharmac, Gough Whitlam And Sleater-Kinney

We’re not at the outset of these negotiations. The outset was six years ago, and negotiators were hoping to have some sort of ‘framework’ deal finished in time for the APEC meeting in a few weeks’ time. These ‘extreme’ positions are what we’ve reached near the intended end of the negotiations… More>>

ALSO:

PM Of Many Hats: Questions, No Answers On Whale Oil

Dr RUSSEL NORMAN (Co-Leader – Green) to the Prime Minister: How many times since November 2008 has he spoken with blogger Cameron Slater on the phone and how many times, if any, has he texted him?
Rt Hon JOHN KEY (Prime Minister): None in my capacity as Prime Minister. More>>

ALSO:

Aussie Investigation Dropped: Call On Minister McCully To Pursue The Case Of Balibo Five

West Papua Action is deeply concerned at the lack of any clear outcome from the Australian Federal Police inquiry into the 1975 deaths of the ‘Balibo Five’ including NZ journalist Gary Cunningham. More>>

ALSO:

'Feed The Kids' Bill: Metiria Turei To Lead Fight On Feeding Hungry Children

Green Party Co-leader Metiria Turei is urging all political parties to support the Feed the Kids Bill which she inherited today from Mana leader Hone Harawira. More>>

ALSO:

Parliament Today: State Opening Of Parliament

The House sat at 10.30am on Tuesday before MPs were summoned to hear the Speech from the Throne in the Legislative Council Chamber. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news