JD Supra New Zealand

Publisher:
JD Supra
Publication date:
2019-04-29

Publisher

Latest documents

  • Establishing a Business Entity in New Zealand (Updated)

    TYPES OF BUSINESS ENTITIES - There are various entities available in New Zealand from which a business can be operated. The most commonly adopted entities are: 1. Company (including Incorporated Joint Venture (JVC)) 2. Partnership 3. Limited Partnership (LP) 4. Unincorporated Joint Venture (JV) 5. Trading Trust Each has its advantages and disadvantages, and each pose different obligations and requirements, both from a regulatory perspective and an internal perspective.

  • RM Reform gets rolling: Bills introduced to Parliament and submission closing date already looming

    Resource management reform is one step closer. The much anticipated Natural and Built Environment Bill and Spatial Planning Bill have been introduced to Parliament and submissions close on 5 February 2023. Please see full Publication below for more information.

  • Establishing A Business Entity In New Zealand (Updated)

    TYPES OF BUSINESS ENTITIES - There are various entities available in New Zealand from which a business can be operated. The most commonly adopted entities are: 1. Company (including Incorporated Joint Venture (JVC)) 2. Partnership 3. Limited Partnership (LP) 4. Unincorporated Joint Venture (JV) 5. Trading Trust Each has its advantages and disadvantages, and each pose different obligations and requirements, both from a regulatory perspective and an internal perspective. Please see full Chapter below for more information.

  • New body corporate laws one step closer

    New body corporate laws are another step closer with the Finance and Expenditure Select Committee having now heard submissions on the Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Bill.

  • Jabs, bubbles and burst of changes… Are your employment contracts up to date?

    Changes to New Zealand Employment Law are coming thick and fast since the pandemic landed within our borders. Now is a great time to familiarise yourself and get ahead of the changes ensuring your employment agreements are up-to-date so that your organisation can continue to sail smoothly.

  • New Zealand Government Introduces World-First Climate-Reporting Disclosure Laws

    On April 12, 2021, the New Zealand government introduced an omnibus bill into parliament, aiming to introduce mandatory requirements for businesses in the financial sector to disclose the impacts of climate change on themselves and develop strategies to manage climate change risks and opportunities. The Financial Sector (Climate-related Disclosures and Other Matters) Amendment Bill 2021 (Climate Bill) is touted by the New Zealand government as a "world first" piece of legislation.

  • Call for changes to the way we vote. But will the lawmakers listen?

    After every general election, the Electoral Commission (Commission) issues a report on how the election went and what, if any, improvements can be made. In the report just published on last year’s general election there is good news and a clear signal some significant changes should be made.

  • Can an interest in a discretionary trust ever be a proprietary interest?

    Kea Investments Limited v Watson [2021] JRC 009 - In recent years there have been increasing challenges in foreign courts to the use of corporate and trust structures to hold private wealth. As far as public opinion and news agencies are concerned trusts are utilised for tax avoidance — if not tax evasion — and the avoidance of legitimate claims from the likes of creditors and estranged spouses.

  • Is there such a thing as a moral budget?

    As the country stands at that crossroads, today’s budget doesn’t give an entirely clear direction as to which way we’re travelling. Blame Finance Minister Grant Robertson’s instincts. Robertson is a refreshingly emotional politician, unafraid to show his heartfelt empathy for anyone facing tough times. But he is also coolly pragmatic. As fast as he wants to go, he has no appetite for scaring middle voters back to National which means he’s keeping his foot only lightly on the pedal. Please see full Publication below for more information.

  • How did the cyber-criminals get away? They ransomware

    What do brewery giants, infrastructure conglomerates, hospitals, and the city of Tulsa have in common? Each have recently been the victim of a ransomware. And they’re just a few of a strew of recent ransomware-based attacks around the world, including in Aotearoa. 

Featured documents

  • Sweeping Workplace Changes in New Zealand

    On April 1, 2011, the Government’s Employment Relations and Holiday Act went into effect, setting forth several key workplace changes for employers with operations in New Zealand. This article will discuss the practical issues that employers must focus on while implementing the requirements of this ...

  • Guide To Doing Business In New Zealand: Exchange Control

    EXCHANGE CONTROL - Currency movements in and out of New Zealand are subject to certain controls. The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 imposes restrictions on transfer of money to detect and deter money laundering and the financing of terrorism. A...

  • New Zealand Looking Set to Implement Domestic Violence Reform

    A bill aimed at enhancing protections for victims of domestic violence in New Zealand has received strong cross party support this year. This means that the proposed changes, including a number of changes relating to employment, are likely to be enacted in 2018....

  • Consumer credit update

    Hot on the heels of the Credit Contracts Legislation Amendment Act (the Amendment Act) being passed into law on 19 December 2019, the consumer credit law reform programme has not lost any of its momentum in 2020....

  • Further details provided on ‘safe harbour’ and business debt hibernation schemes

    At the beginning of last month, the government announced that it would introduce a number of changes to the Companies Act 1993. These changes included a ‘safe harbour’ scheme for directors in respect of their duties under sections 135 and 136 of the Act and a business debt hibernation scheme. Now...

  • NZ$3 billion for construction: is it enough to keep everyone working?

    There were some significant announcements for the construction sector in Budget 2020: NZ$3 billion in additional infrastructure spending; 8000 more homes to be built by Kainga Ora; a range of training initiatives. All of that will be welcome and much-needed support for the sector....

  • Women, jobs and COVID

    The COVID-19 upheaval has already claimed many jobs. While borders remain closed, everyone whose income relies in some way on tourism faces the toughest of times. The impact on other parts of the economy may not be as severe (yet) as first predicted but doubtless employers and employees alike are...

  • Climate Change Response Act 2002 – Enforcement amendments

    The Climate Change Response Act 2002 (CCRA) was amended in June 2020. This insight focuses on the new enforcement provisions introduced by the amendment in relation to breaches of obligations for participants in the emissions trading scheme (ETS). The amendment introduces new enforcement tools (infr...

  • New code of conduct issued for Crown entity board members - Will this stop elected District Health Board members from criticising the Government’s reforms?

    Introduction - On the eve of the announcement that all district health boards (DHBs) are to be scrapped Public Service Commissioner, Peter Hughes, used his power under section 17(3) of the Public Service Act 2020 to issue a new code of conduct for Crown entity board members (Code)....

  • Red Notices: How Member Countries React to Finding Red Notice Subjects

    While people who are the subject of Red Notices may be arrested when they encounter law enforcement officials with knowledge of the outstanding Red Notice, the fact is that a Red Notice is not an arrest warrant. Although some of INTERPOL's member countries treat a Red Notice as an arrest...

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