New Zealand International Convention Centre Act 2013 Repeal Bill

New Zealand International Convention Centre Act 2013 Repeal Bill EXPLANATORY NOTE GENERAL POLICY STATEMENT This Bill repeals the New Zealand International Convention Centre Act 2013. The high profile request by SkyCity for taxpayer support raises serious doubt over the efficacy of this Act as good public policy. Based on this request and whole of life costs incumbent in the Convention Centre, this Act seemingly exposes the taxpayer and/or Auckland ratepayer to future liabilities. The public of New Zealand have made it clear that they do not wish to financially prop up a listed company, thus requiring the repeal of the Act. CLAUSE BY CLAUSE ANALYSIS Clause 1 is the Title clause. Clause 2 is the commencement clause. It provides for the bill to come into force on the day after the date on which it receives the Royal assent. Clause 3 provides that the bill will repeal the New Zealand International Convention Centre Act 2013. The Parliament of New Zealand enacts as follows: 1 Title This Act is the New Zealand International Convention Centre Act 2013 Repeal Act 2015 . 2 Commencement This Act comes into force on the day after the date on which it receives the Royal assent. 3 Repeal of New Zealand International Convention Centre Act 2013 The New Zealand International Convention Centre Act 2013 is repealed.