Tuesday, 10 August 1999, 9:31 am Press Release: ACT New Zealand
Tuesday 10th Aug 1999 Richard Prebble Media Release --
Economy
Commerce proposals need careful examination -
ACT
ACT leader Richard Prebble says his party will be
examining very carefully the Government's proposed
amendments to the Commerce Act.
"ACT is concerned at the
growing amount of bureaucratic red tape that business must
contend with and with the increasingly anti business
climate that Parliament is creating. ACT's concern is
that business is difficult enough without Parliament
passing further punitive legislation that appears to be
populist rather than based on proven need," Mr Prebble
said.
"However the Minister Max Bradford has advised
that ACT's position will be crucial in deciding the fate
of this legislation and we've accepted the Minister's
request to carefully examine the proposals to see if there
is any part of them which we could support. We'll be
consulting widely with the business community before making
a decision.
"The Bill is in front of the commerce
select committee which is yet to even hear submissions so
ACT will keep an open mind and will not make a final
decision until we've heard all of the arguments both
for and against," Mr Prebble said.
ENDS
For more
information visit ACT online at http://www.act.org.nz or
contact the ACT Parliamentary Office at
act@parliament.govt.nz.
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