News + Insights

Most food businesses will be impacted by the recent legislative changes under the Food Act 2014. We summarise the key points you need to know to make sure you comply with your new obligations to carry out annual mock recalls.

Significant changes to the corporate governance disclosure rules were proposed last year and a draft bill is expected to be released in mid 2023. These changes are intended to improve the transparency of beneficial ownership of companies and limited partnerships, and signal a major departure from the long-standing ability of these beneficial owners to remain anonymous.

Keynote speeches from the recent Financial Services Council Outlook in January 2023 from the Financial Markets Authority noted imminent changes to its enforcement regime with more effective, efficient intervention and a greater willingness to take enforcement action. We summarise what this means for "eligible investors" and self-certification for property investments, with the FMA expecting a higher level of compliance in this space.

If you believe that you have a legal claim, New Zealand law requires that you actively take steps to pursue it within a defined period of time. If you fail to do so, the claim cannot proceed. This is known as the limitation period. So how long do you have to make a claim?

A summary of provisions regarding rent-relief for commercial tenants who cannot access their premises due to COVID-19 restrictions, and where their lease doesn’t already cover an epidemic situation.

With changes to the Fair Trading Act coming into force in August 2022, the time for small businesses to review the terms of their contracts is now.