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New Changes for Suppliers of Building Products

New Changes for Suppliers of Building Products

On 3 June 2021 Parliament passed the Building (Building Products and Methods, Modular Components and Other Matters) Amendment Bill ( Bill), which is the first phase of the wider building system legislative reform programme that aims to "lift the efficiency and quality of building work and provide fairer outcomes if things go wrong".

By Andrew Skinner - 17 Jun 2021

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Welcome to Eesha Karamchandani

Welcome to Eesha Karamchandani

We extend a very warm welcome to our newest member of staff, Eesha Karamchandani. Eesha specialises in property, corporate and commercial financing law.

By Steven Lee - 2 Jun 2021

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Expiry of the 'Safe Harbour' provisions for Company Directors

Expiry of the 'Safe Harbour' provisions for Company Directors

As readers might recall, in early April 2020, at the height (and as part of) the initial response to COVID-19, the Government announced a number of temporary changes to the Companies Act 1993. The changes sought to address the position of companies facing liquidity issues.

By Bill Gambrill - 16 Sep 2020

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Are all shareholders on the same page?

Are all shareholders on the same page?

When starting a new business with another person, or introducing a new shareholder, there are many aspects of the business competing for your time. Often the relationship between shareholders may be overlooked as you just want to get on with things. However over time you might find that you and your other shareholders have quite different ideas for the direction of the business and how it should be managed. Agreeing a robust shareholders agreement from the outset should help to avoid problems in the future.

By Andrew Skinner - 11 Sep 2020

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Are you sure you can make that environmental claim?

Are you sure you can make that environmental claim?

Consumers are increasingly basing their purchasing decisions on the environmental impact of the product or service. As a result, environmental claims made by businesses about their goods or services are becoming more common in advertising.

By Andrew Skinner - 19 Jul 2020

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Prepare for the new Privacy Act

Prepare for the new Privacy Act

The Privacy Bill passed its third reading in parliament and will come into force on 1 December 2020, repealing and replacing the Privacy Act 1993.

By Mike Worsnop and Tom Swindells - 6 Jul 2020

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Proposed Building Act changes

Proposed Building Act changes

Following on from last year's round of consultation, the Government has recently introduced the proposed changes to the Building Act. The Building (Building Products and Methods, Modular Components and Other Matters) Amendment Bill has had its first reading in Parliament and has now been sent to the Environment Select Committee with submissions due by Friday 10 July 2020. The changes will be particularly important for building product suppliers and manufacturers and the key changes are summarised here.

Following on from last year's round of consultation, the Government has recently introduced the proposed changes to the Building Act. The Building (Building Products and Methods, Modular Components and Other Matters) Amendment Bill has had its first reading in Parliament and has now been sent to the Environment Select Committee with submissions due by Friday 10 July 2020. The changes will be particularly important for building product suppliers and manufacturers and the key changes are summarised below.

By Andrew Skinner - 8 Jun 2020

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Government Announcement re small business rent disputes

Government Announcement re small business rent disputes

There has been much debate regarding what a fair rental reduction is under commercial leases where businesses have been affected by COVID-19. The Government had previously done nothing to assist either Landlords or Tenants in this situation.

This morning Government have announced a compulsory rent dispute process where the Landlord and Tenant have been unable to agree on a fair rent reduction during COVID-19 lockdown, which requires compulsory arbitration with Government subsidising the arbitration by about 75%.

By Melissa Higham - 3 Jun 2020

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Staff redundancies - how to avoid some of the common pitfalls

Staff redundancies - how to avoid some of the common pitfalls

With economists predicting a significant economic recession, it may be tempting for business owners to start reducing staff numbers. This will be particularly so for those businesses who have been relying on the wage subsidy to pay their employees' wages. However, it is unlikely that simply relying on a potential looming recession will justify making employees redundant in the eyes of the law.

By Claire Mansell - 25 May 2020

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COVID response - Safe Harbours and Debt Hibernation Scheme now law

COVID response - Safe Harbours and Debt Hibernation Scheme now law

On 15 May 2020 the COVID-19 Response (Further Management Measures) Legislation Act 2020 became law. This means that two key insolvency measures aimed at addressing the serious insolvency risks arising from the COVID-19 crisis - the "safe harbour" regime and the "debt hibernation scheme" - are now effective in New Zealand.

By Mathew Martin and Bill Gambrill - 19 May 2020

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