National and Labour are joining forces to get modern slavery legislation into Parliament, using a new process to skip the biscuit tin for the first time.
The MPs backing it say the process was needed because the ACT Party and its Workplace Relations Minister Brooke van Velden refused support.
National's Greg Fleming and Labour's Camilla Belich have agreed to co-sponsor the bill.
The bill strengthens reporting to Parliament, brings in public naming and potential liability for directors and senior managers, along with fines up to $200,000 for companies that failed to report on modern slavery, or which made false or misleading statements.
"Large companies will have to report on modern slavery that they find in their supply chain, that they have to report that to a registrar that keeps those reports - it provides for ministerial oversight and it also provides greater support and focus for victims," Belich said.
This would apply to all companies operating in New Zealand making more than $100 million a year.
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