COMPANY NAME Blog Updates

Prevention of Identity Fraud

Tue, 31 Aug 2010 16:42:00 GMT

Private agencies will be able to check whether identity information given by a customer is consistent with information held by the Department of Internal Affairs. An agency wanting to use the service will have to obtain the consent of the customer and enter into an agreement with the department. This service will help agencies comply with the recently enacted Anti-Money Laundering and Countering Financing of Terrorism Act, which imposes greater requirements on agencies to undertake identity checks.

Website nomination

Wed, 11 Aug 2010 17:54:00 GMT

Martelli McKegg substantially revised its website in 2009 with the assistance of Anita Jenkins from Inkwell Business Writing and the team at BKA Interactive.

Right of Equitable Set Off

Tue, 10 Aug 2010 14:34:00 GMT

Vendors will no longer be able to demand settlement in full where there is an allegation of error, misdescription, breach of warranty or other equitable set off. Purchasers will instead now be able to require that an amount be set aside from the price paid on settlement pending resolution of the dispute. This should avoid the undesirable result of purchasers having to sue a vendor who no longer has control over the settlement money or who may have absconded.

The Wonder of Wills

Fri, 18 Jun 2010 12:11:00 GMT

Just separated?

Change your will quick or your estranged partner or spouse may still take under your will! Many people think that the dissolution of marriage or civil union will do this but it doesn't. A new will should be signed to avoid "double dipping".

This is particularly so where there is a protracted negotiation, as you may be in a new relationship when you haven't sorted out the earlier one.

Guarantees

Fri, 18 Jun 2010 12:10:00 GMT

For example, will the landlord accept a bank guarantee?
If you have to give a guarantee, look to limit the guarantee to a monetary amount (say two years rent).
Try to negotiate automatic release on assignment as well (otherwise you could still be liable if you sell your business).

New Unit Titles Act

Fri, 18 Jun 2010 12:07:00 GMT

Do you have a long term maintenance plan?
What changes should be made to the BC Rules?
What problems have you had that should be addressed in your rules?
Should we have different utility and ownership interests?

Consumer law review

Fri, 18 Jun 2010 11:02:00 GMT

A discussion paper was issued this week and submissions close on 31 July 2010.

The purpose of the review is to see whether the consumer laws which are currently spread over a number of statutes of varying ages can be brought together into a single coherent scheme. This will enable businesses and their customers to have a better understanding of what each other expect and what the law expects of them in their business dealings. In some cases it is likely to provide long overdue updates to old law and may see the repeal of some laws which are no longer of any practical effect.

We'll keep you informed on how this might impact your business.

Let us know if you have any questions.