Three amendments are proposed to defer new regulatory requirements in circumstances where Government agencies or businesses would have difficulty implementing the new legislation or requirements that are due to come into force while New Zealand is responding to COVID-19—for example, delaying the commencement of a new regime to regulate financial advisers. This is necessary, as the requirements under alert level 4 in particular made it difficult for the sector to prepare for the regulation while at the same time responding to an increase in demand for financial advice services. 