What the official record says
This Act is the Reserve Bank of New Zealand (Economic Objective) Amendment Act . This Act comes into force on the day after Royal assent. This Act amends the . Replace section 9(1)(a) and the heading above section 9(1)(a) with: the economic objective of achieving and maintaining stability in the general level of prices over the medium term; and In section 4(3)(a) and (4)(a), replace with . In section 10(1)(a)(i), replace with . In section 116(a), replace with . Replace section 117(1) with: The Bank, acting through the MPC, has the function of formulating a monetary policy directed to the economic objective of achieving and maintaining stability in the general level of prices over the medium term. In the heading to section 118, replace with . In section 118(a), replace with . In secti