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Register of Pecuniary and Other Specified Interests of Members of Parliament: Summary of Annual Returns As at 31 January 2015

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Register of Pecuniary and Other Specified Interests of Members of Parliament: Summary of Annual Returns As at 31 January 2015 J. 7 Register of Pecuniary and Other Specified Interests of Members of Parliament: Summary of annual returns as at 31 January 2015 Fifty-first Parliament Presented to the House of Representatives pursuant to Appendix B of the Standing Orders of the House of Representatives REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 2 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 MISTER SPEAKER I have the honour to provide to you, pursuant to clause 18(3) of Appendix B of the Standing Orders of the House of Representatives, a copy of the summary booklet containing a fair and accurate description of the information contained in the Register of Pecuniary and Other Specified Interests of Members of Parliament, as at 31 January 2015. Sir Maarten Wevers KNZM Registrar of Pecuniary and Other Specified Interests of Members of Parliament 3 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 Introduction Since 2006, members of Parliament have been required to register a range of pecuniary and certain specified personal interests as set out in clauses 5 to 8 of Appendix B of the Standing Orders of the House of Representatives. The interests that are required to be registered are listed below. Items 1 to 9 provide a ‘snapshot’ or stock of pecuniary and specified interests of members as at 31 January 2015. Items 10 to 13 identify a flow of members’ interests for the twelve month period beginning at the date of the previous annual return. This report summarises the information provided to the Registrar in members’ returns in respect of any of the categories below which may apply to a particular member: 1 Company directorships and controlling interests (clause 5(1)(a)) 2 Interests (such as shares and bonds) in companies and business entities (clause 5(1)(b) and (2)) 3 Employment (clause 5(1)(c)) 4 Interests in trusts (clause 5(1)(d)) 5 Organisations and trusts seeking Government funding (clause 5(1)(e) and (3)) 6 Real property (clause 5(1)(f) and (1)(g)) 7 Superannuation schemes (clause 5(1)(h)) 8 Debtors (clauses 5(1)(i), 5(4), 6, and 7) 9 Creditors (clauses 5(1)(j), 5(4), 6, and 7) 10 Overseas travel (clause 8(1)(a) and (2)) 11 Gifts (clause 8(1)(b) and (3)) 12 Discharged debts (clause 8(1)(c) and (4)) 13 Payments for activities (clause 8(1)(d) and (5)). Comments on returns process This round of members’ annual returns, the first for members of the 51st Parliament, has been conducted under a revised set of provisions in Standing Orders. Standing Orders were revised in 2014, and now make clear the purpose of the Register, which is “to facilitate the transaction of business by the House by promoting the highest standards of behaviour and conduct by members, and thereby strengthening public trust and confidence in parliamentary processes and decision-making” (clause 1(3)). This year’s report provides greater transparency on members’ interests in trusts, for example, in relation to gifts and hospitality, and on property held in non-public superannuation schemes, amongst other things. The full provisions of Appendix B of Standing Orders, which set out the revised requirements of the Register, are reproduced in this report (page 65) for information purposes. 4 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 Although I provided advice and guidance to members, particularly newly- elected members, on the requirements of the Register, it remains the responsibility of individual members to submit a return that meets the requirements of Standing Orders. All members submitted their returns by the specified date, meaning that this year’s report is again one that includes summaries of interests of all members of the House, as reported by members themselves. I welcome, and commend, the support for the Register’s purpose shown by members. 5 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 Hon Amy Adams (National, Selwyn) 1 Company directorships and controlling interests Amdon Farms Limited – farming 4 Beneficial interests in, and trusteeships of, trusts Montford Trust (trustee and beneficiary) Hampton Downs Trust (trustee and beneficiary) 6 Real property Farm property (owned by trust), Aylesbury Bare land (owned by trust), Darfield Bare land (owned by trust), Te Kauwhata Commercial property (owned by trust), Templeton Commercial property (owned by trust), Temuka Residential property (owned by trust), Riccarton, Christchurch Vacant section (owned by trust), Cromwell 7 Superannuation schemes Versailles Superannuation Scheme Fisher Funds KiwiSaver 8 Debtors ASB Bank – bank deposit Montford Trust – loan repayable on demand 10 Overseas travel costs Australia – visit to Australia with the Prime Minister and other Ministers for formal Prime Ministers’ talks. Contributor to accommodation: Government of Australia. Jacinda Ardern (Labour, List) 6 Real property Apartment, Freemans Bay, Auckland 7 Superannuation schemes AMP State Sector Superannuation Scheme (no contributions since 2005) AMP Retail Superannuation Scheme ANZ KiwiSaver Fidelity Life Super Plan 9 Creditors Westpac Bank – mortgage 11 Gifts Tickets to Cirque du Soleil (x2) – Cirque du Soleil 6 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 Kanwaljit Singh Bakshi (National, List) 1 Company directorships and controlling interests Bakshi Enterprises Limited (not trading) – importing goods 4 Beneficial interests in, and trusteeships of, trusts Bakshi Family Trust (trustee and beneficiary) Kautha Trust (trustee and beneficiary) 6 Real property Family home (owned by Bakshi Family Trust), Auckland Investment properties (x2, owned by Kautha Trust), Auckland Investment property (jointly held, in partnership), Auckland Investment property (owned by BAKSHI Superannuation Scheme), Auckland 7 Superannuation schemes BAKSHI Superannuation Scheme 8 Debtors Kautha Trust – personal loan* 9 Creditors Westpac Bank – mortgages (x3) ASB Bank – mortgage 10 Overseas travel costs India – to receive Pravasi Bharatiya Samman Award. Contributor to travel and accommodation: Government of India. Darroch Ball (NZ First, List) No interests to declare under the categories set out in clauses 5 to 8 of Appendix B of the Standing Orders of the House of Representatives. Todd Barclay (National, Clutha-Southland) 7 Superannuation schemes Craigs Investment Partners KiwiSaver Hon Maggie Barry (National, North Shore) 1 Company directorships and controlling interests MMB Trustee Limited – trustee company (for the Maggie Barry Trust) 4 Beneficial interests in, and trusteeships of, trusts Maggie Barry Trust (trustee and beneficiary) * Interest rate payable in relation to the debt is less than the normal market interest rate that applied at the time the debt was incurred or, if the terms of the debt have been amended, at the time of that amendment. 7 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 6 Real property Family home (owned by trust), Stanley Point, Auckland Half share of an apartment (owned by trust), Wellington 7 Superannuation schemes AMP KiwiSaver 9 Creditors ASB Bank – mortgage ASB Bank – loan 11 Gifts Tickets to NZ v England rugby match, Twickenham, England (x2) – Chairperson of Rugby Football Union Tickets to Rolling Stones concert (x3) – Board and management of Regional Facilities Auckland Andrew Bayly (National, Hunua) 1 Company directorships and controlling interests Paparata Limited – property development 4 Beneficial interests in, and trusteeships of, trusts A.H. Bayly Family Trust (trustee and beneficiary) Kaitieke Trust (trustee and beneficiary) Waitahinga Trust (blind trust, beneficiary) Valerie and Trevor Bennett Family Trust (trustee and beneficiary) Roger Philip Bayly Trust (trustee and beneficiary) P H P Bayly Trust (beneficiary) M H Bayly Trust (beneficiary) 6 Real property Family home (owned by trust), Karaka Farm (owned by trust), Tuakau Subdivision, Bombay, Auckland 7 Superannuation schemes AMP KiwiSaver 9 Creditors A.H. Bayly Family Trust – trust loan David Bennett (National, Hamilton East) 1 Company directorships and controlling interests Agincourt Farms Limited – dairy farm business Arapuni Investments Limited (25 percent) – dairy farm business 2 Other companies and business entities GuocoLeisure – investment company 8 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 3 Employment Agincourt Farms Limited – dairy farm business 4 Beneficial interests in, and trusteeships of, trusts D.A. Bennett Family Trust (trustee and beneficiary) 6 Real property Dairy farms (x3), Te Awamutu Residential property, Hamilton 7 Superannuation schemes SF Superannuation Scheme Hon Paula Bennett (National, Upper Harbour) 4 Beneficial interests in, and trusteeships of, trusts TLG Family Trust (trustee and beneficiary) 6 Real property Townhouse, Mt Eden, Auckland House, Ōrātia, Auckland House, Sunnyvale, Auckland 7 Superannuation schemes Classic Superannuation Scheme 9 Creditors Westpac Bank – mortgages (x3) 10 Overseas travel costs China – representing New Zealand Government at the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ meeting. The primary expenses related to this travel were funded by the Crown. Part of the accommodation and other incidental expenses
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