J. 7 Register of Pecuniary and Other Specified Interests of Members of Parliament: Summary of annual returns as at 31 January 2014 Fiftieth 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 2014. 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 certain personal interests in 13 categories set out in clauses 5 to 8 of Appendix B of the Standing Orders of the House of Representatives. These are listed below. Items 1 to 9 require a ‘snapshot’ of interests as at 31 January 2014. Items 10 to 13 cover the period from the member’s previous return. This booklet summarises the information provided in members’ returns in respect of any of the categories below: 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)) 7 Superannuation schemes (clause 5(1)(g)) 8 Debtors (clauses 5(1)(h), 5(4), 6, and 7) 9 Creditors (clauses 5(1)(i), 5(4), 6, and 7) 10 Overseas travel costs (clause 8(1)(a) and (2)) 11 Gifts (clause 8(1)(b) and (3)) 12 Discharged debts (clause 8(1)(c)) 13 Payments for activities (clause 8(1)(d) and (4)). Comments on returns process This year, there were again inquiries which indicated that a member’s particular situation might not always lend itself to clear alignment with the categories for declaration set out in Appendix B of the Standing Orders. Part of my role is to provide advice and guidance to members in relation to the requirements of the Register, although in the end it is the responsibility of each member herself or himself to submit a return that meets the requirements of Standing Orders and the high standards of transparency and accountability expected of members in completing the Register. The 2014 review of the Standing Orders by the Standing Orders Committee provides an opportunity for some clarification to be sought of the purpose and nature of the Register, and its reporting requirements. Recent comment in the public domain, both about donations and gifts provided to elected officials in the local government sector and to members of Parliament themselves, indicate that for the public at large issues of probity, transparency, and appropriate behaviour by elected officials remains of interest, if not concern. Similar issues have been evident in a number of other Parliaments operating on the Westminster model. 4 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 I have been invited by the Standing Orders Committee to offer input to the current review, and propose to make a submission. I understand the review will be concluded before the term of the current Parliament. 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 Hampton Downs Trust LL Milnes Trust 6 Real property Farm property (in trust), Aylesbury Farm land (in trust), Darfield Farm land (in trust), Te Kauwhata Commercial property (in trust), Templeton Commercial property (in trust), Temuka Vacant section (in trust), Fendalton, Christchurch Residential property (in trust), Riccarton, Christchurch 7 Superannuation schemes Versailles Superannuation Scheme Fisher Funds KiwiSaver Scheme 8 Debtors ASB Bank – bank deposit Montford Trust – loan repayable on demand 10 Overseas travel costs Singapore – Ministerial forum on ICT. Contributor to travel (business class airfare) and accommodation: Infocomm Development Authority of Singapore. 11 Gifts Cellphone – Samsung Jacinda Ardern (Labour, List) 6 Real property Apartment, Freemans Bay, Auckland 7 Superannuation schemes Prudential Superannuation Scheme (United Kingdom–based scheme, no active contributions) AMP State Sector Superannuation Scheme (no contributions since 2005) AMP Retail Superannuation Scheme ASB Superannuation Scheme (KiwiSaver) 9 Creditors Westpac Bank – mortgage 6 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 Shane Ardern (National, Taranaki-King Country) 1 Company directorships and controlling interests Watino Limited – farming 4 Beneficial interests in, and trusteeships of, trusts PS Ardern Family Trust CJ Ardern Family Trust Estate of Olive Hughson (trustee only) 6 Real property Half share in house, Ōnaero Dairy farm (owned by trust), Te Kiri, Taranaki Townhouse (owned by trust), Wellington 7 Superannuation schemes Armstrong Jones Managed Fund (ING NZ) 10 Overseas travel costs China – National Party delegation, agriculture discussions. Contributor to domestic travel and accommodation: Chinese Government. Chris Auchinvole (National, List) 1 Company directorships and controlling interests Auchinvole & Associates – exporter, mixed goods 5 Organisations and trusts seeking Government funding Westland Wilderness Trust – cycle trails 6 Real property Family home, Lake Brunner, Westland 7 Superannuation schemes Lake Superannuation Scheme 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 Kautha Trust 5 Organisations and trusts seeking Government funding Push India Charitable Trust – non-profit organisation, charitable trust 6 Real property Property (jointly held in partnership), Auckland Properties (x4), Auckland 7 Superannuation schemes Bakshi Superannuation Scheme 7 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 8 Debtors Kautha Trust – acknowledgment of debt, nil interest 9 Creditors ASB Bank – joint home loan ANZ Bank – joint home loans 10 Overseas travel costs Australia – attendance at 7th Regional Convention. Contributor to accommodation: Government of India. India – attendance at Pravasi Bharatiya Divas convention. Contributor to travel and accommodation: Government of India. India – attendance at NRI Sammelan Punjab. Contributor to travel (domestic transport) and accommodation: State Government of Punjab. 11 Gifts Sharukh Khan concert tickets – Limelight Entertainment, Auckland Cricket match tickets – ANZ Bank Hon John Banks (ACT, Epsom) 4 Beneficial interests in, and trusteeships of, trusts The Pukenui Family Trust (trustee and beneficiary) Special Donations Account (beneficiary) 6 Real property Family home (as trustee for The Pukenui Family Trust), Auckland 7 Superannuation schemes Government Superannuation Fund (former MP’s scheme – entitlement suspended on return to Parliament) Fisher Funds KiwiSaver 8 Debtors The Pukenui Family Trust – personal loans 11 Gifts Furniture and artwork on loan to the Epsom electorate office – Christopher and Banks Private Equity Limited Christmas hamper – Christopher and Banks Private Equity Limited Gift voucher – Ray White Real Estate, Remuera – Megan Jaffe Real Estate Limited Legal opinion – Christopher and Banks Private Equity Limited 12 Discharged debts Legal fees – Special Donations Account Legal fees – The Pukenui Family Trust 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. 8 REGISTER OF PECUNIARY AND OTHER SPECIFIED INTERESTS OF MEMBERS OF PARLIAMENT: SUMMARY OF ANNUAL RETURNS J. 7 Maggie Barry (National, North Shore) 1 Company directorships and controlling interests MMB Trustee Limited – trustee company (for Maggie Barry Trust) 4 Beneficial interests in, and trusteeships of, trusts Maggie Barry Trust 6 Real property Family home (owned by trust), Stanley Point, Auckland 7 Superannuation schemes AMP KiwiSaver 9 Creditors ASB Bank – mortgage ASB Bank – loan Carol Beaumont (Labour, List) 4 Beneficial interests in, and trusteeships of, trusts Ruru Family Trust (trustee only) 5 Organisations and trusts seeking Government funding NZ Work Research Institute, AUT – research and information-sharing on issues relating to work 6 Real property Rental property, Point Chevalier, Auckland Holiday section (jointly owned), Te Akau, Raglan 7 Superannuation schemes IRIS Superannuation Scheme IRIS – GMK KiwiSaver Superannuation Scheme 9 Creditors Kiwibank – mortgage 10 Overseas travel costs Thailand – participation in Regional Parliamentarians Conference