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Only the Proposal and Executive Summary sections of this Cabinet paper are extracted below in HTML. If you require a full HTML version please contact email@example.com and cite DEV-19-SUB-0345 as a reference.
Cabinet Paper DEV-19-SUB-0345: Reserve Bank Act Review - Proposed Institutional Act Policy Decisions
- This paper seeks agreement to the policy issues arising out of Phase 2 of the Reserve Bank Act Review (the Review) relating to the institutional form and governance of the Reserve Bank (the Bank). The decisions will be enacted in a new Institutional Act for the Bank. Decisions are sought now to allow for drafting instructions to be issued in late 2019.
- One of the aims of the Review is to provide a robust and fit for purpose governance and accountability framework for the Bank, while maintaining the Bank’s operational independence.