For a guarantee to be enforceable, the requirements set out in section 27 of the Property Law Act 2007 (Act) must be strictly complied with. This is what the NZSC held in Brougham v Regan.
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The Credit Contracts Legislation Amendment Act 2019 amends the Credit Contracts and Consumer Finance Act 2003 and introduces, amongst other things, a new certification regime and a new due diligence duty.
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There is a presumption that the trustees must disclose basic trust information to every beneficiary and trust information to beneficiaries who request it.
Read MoreIt is important that trustees and beneficiaries are aware of the changes and the impacts on their rights and obligations and that trustees use this 18 month transition period to ensure their practices align with the provisions of the new Act.
Read MoreThe Domestic Violence - Victims’ Protection Act 2018 (“Act”) came into effect on 1 April 2019 and has many employment law commentators saying that it is the start of a new era in employment law. The Act amends the Employment Relations Act 2000, the Holidays Act 2003 and the Human Rights Act 1993 with the two main changes from an employer’s perspective being that...
Read MoreAfter almost a year long process, the Employment Relations Amendment Bill (Bill) has now passed into law. Looking ahead, this will create significant change for 2019. The Bill comes into force in three parts over the next 6 months as follows…
Read MoreOn 25 January, the Government announced the first round of its employment law reforms. While changes to employment laws were expected, the Government has moved on its pre-election 100-day manifesto in relation to trial periods.
Read MoreOn 19 October, Winston Peters and New Zealand First announced their decision to form a new government with Labour and the Greens.
New Zealand’s employment law landscape is now set to change and employers need to be ready to adapt.
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