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A NEW PLAYING FIELD
Posted by Lisa Garrud on December 8 2020
The long process of overhauling New Zealand’s employer-assisted work visa framework will be entering the third and final phase in 2021. In the intervening years since 2019, Immigration New Zealand (INZ) introduced sweeping changes to existing employer-assisted work visa... Read the rest of this entry
COVID AND REMEDYING DEFAULTS UNDER A MORTGAGE
Posted by Lisa Garrud on December 8 2020
As from 16 May 2020, temporary law changes were made to assist mortgagors facing financial hardship due to the impact of the Covid-19 pandemic. The changes made to the Property Law Act 2007 included the insertion of new sections 120A to 120E as part of the Covid-19 Response (Further... Read the rest of this entry
TO BEQUEATH, OR NOT?
Posted by Lisa Garrud on December 8 2020
As we approach the end of 2020, many of us are reflecting on the last difficult 12 months and considering sorting out our affairs. Estate planning is something we like to put off to later, it is just one of those things that we do not want to think about now and end up leaving to the eleventh... Read the rest of this entry
TRUST ACT 2019 – NEARLY HERE!
Posted by Lisa Garrud on December 8 2020
The new Act comes into full force on 30 January 2021, its timely to remind you of its application and the importance of understanding the provisions of that Act and how it may affect your trust and its administration. You can read a copy of the Act online by clicking here . One of... Read the rest of this entry
PART 2: GUIDE TO LAND TRANSACTIONS AND DEVELOPMENT
Posted by Lisa Garrud on November 2 2020
This is part two of a three-part guide to undertaking land transactions, land development and building and construction in New Zealand ( read part one here ). This guide is intended to assist overseas people and/or persons inexperienced in these areas to provide general and high-level... Read the rest of this entry
PART 2: DESIGN, BUILD AND LEASE AGREEMENTS - TENANTS
Posted by Lisa Garrud on November 2 2020
This article is part two of a two-part series about Design Build and Lease Agreement (Agreement(s)). For the first part, follow this link . In the first article we looked at entry into Agreements from the landlord’s perspective. This article focuses on entry into Agreements... Read the rest of this entry
READY? NEW PRIVACY ACT COMES IN ON FIRST DECEMBER
Posted by Lisa Garrud on November 2 2020
The Privacy Act 2020 (the Act) implements long-awaited changes to New Zealand’s privacy laws. Parts of the Act came into force in mid-2020, with the rest due to come into force on 1 December 2020. The Act overhauls the previous outmoded regime of the Privacy Act 1993 to better protect the... Read the rest of this entry
LOCKDOWN AND ESSENTIAL INDUSTRY
Posted by Lisa Garrud on September 25 2020
Employers need to be clear on their rights and responsibilities regarding pay during Covid-19, it is especially important with the resurgence of Covid and reimposition of some travel restrictions. Until recently, the law has been unclear on whether employers can partially... Read the rest of this entry
PART 1: GUIDE TO LAND TRANSACTIONS AND DEVELOPMENT
Posted by Lisa Garrud on September 25 2020
This is part one of a three-part guide to undertaking land transactions, land development and building and construction in New Zealand. This guide is intended to assist overseas people and persons inexperienced in these areas to provide general and high-level information. It is not intended to... Read the rest of this entry
PART 1: DESIGN, BUILD AND LEASE AGREEMENTS
Posted by Lisa Garrud on September 25 2020
This article is part-one of a two-part series. In this article we will focus on issues that Landlords need to consider. The next article will consider issues that the Tenant needs to consider. We act for a number of landlords and tenants who regularly enter into agreements to design, build and... Read the rest of this entry
PUBLIC WORKS POST LOCKDOWN
Posted by Lisa Garrud on August 26 2020
Whilst many things may be slowing down due to Covid-19, one thing that is not, is infrastructure projects / expenditure. In the June 2020 budget an additional $3 billion has been allocated for infrastructure – this sits on top of the $12 billion ‘upgrade’ allocated in January... Read the rest of this entry
DEPORTATION POST COVID - AN UPDATE
Posted by Lisa Garrud on August 26 2020
The Ministry of Business, Innovation and Employment (MBIE) published an update on the operation of section 216 of the Immigration Act 2009 (the Act) with respect to deportations post Covid-19. Section 216 of the Act empowers the Immigration and Protection Tribunal (Tribunal) to... Read the rest of this entry
A MATTER OF URGENCY - OVERSEAS INVESTMENT ACT
Posted by Lisa Garrud on August 26 2020
Urgent amendments to the Overseas Investment Act 2005 (Act) were implemented on 16 June 2020 in response to Covid-19. While most of the changes were announced by Government prior to New Zealand entering into the first lockdown in March, some measures have been expedited under the Overseas... Read the rest of this entry
CHANGES TO NEW ZEALAND’S PRIVACY LAW
Posted by Lisa Garrud on June 26 2020
Changes to New Zealand’s privacy law will come into effect soon – proposed 1 December 2020. It is therefore important for you to bring yourself up to speed on these changes, and to prepare accordingly. The Privacy Bill aims to: Encourage private and public sector... Read the rest of this entry
SHUTTING DOWN BUSINESS OPERATIONS – TIPS AND PRECAUTIONS
Posted by Lisa Garrud on June 26 2020
As we moved to Alert Level 1, many businesses rushed to re-open their stores after temporary closures during the Government mandated lockdown. Unfortunately, many of those same businesses who were forced to closed doors temporarily do not have enough cash reserve to keep them going. Businesses... Read the rest of this entry
THE INFAMOUS CLAUSE 27.5 – NO ACCESS IN EMERGENCY
Posted by Lisa Garrud on June 26 2020
The clause: in the current environment, there has been a lot of discussion and debate on the ADLS Lease - “No Access in Emergency” clause 27.5. Clause 27.5 allows for an abatement of rent and outgoings in the event of an emergency if the tenant is unable to fully conduct its... Read the rest of this entry
REDUNDANCY IN THE CONTEXT OF COVID-19
Posted by Lisa Garrud on May 25 2020
As the world is slowly coming out of lockdown after the Covid-19 pandemic, employers are now able to assess the impact. Many employers need to consider options for ensuring business sustainability including making a role or roles redundant. Employers’ obligations are unaffected... Read the rest of this entry
EXEMPTIONS TO CCCFA IN THE TIMES OF COVID-19 AND COMMERCE COMMISSION GUIDANCE
Posted by Lisa Garrud on May 25 2020
Covid-19 has had a serious impact on both lenders and borrowers. The Credit Contracts and Consumer Finance (exemptions for Covid-19) Amendment Regulations 2020 (Covid-19 regulations) will give faster implementation of assistance where the borrower has been impacted by the effects of Covid-19.... Read the rest of this entry
WHAT’S HAPPENING IN THE COURTS, BUSINESS LITIGATION AND DISPUTE SETTLEMENT AT LEVEL 2?
Posted by Lisa Garrud on May 25 2020
Well, I was back in the saddle last week for some liquidators – a three-day, live hearing, in the High Court with a clever judge, breathing witnesses in the flesh and an opponent after my life. We were of course ‘spaced out’ as Jacinda recommended and held the case in one of... Read the rest of this entry
COVID-19 UPDATE: BUSINESS RESCUE, NEW TAX LEGISLATION AND RESTRUCTURING TO ENSURE LIQUIDITY
Posted by Lisa Garrud on April 9 2020
Over the last two weeks, the New Zealand Government has provided a series of rescue packages for businesses financially impacted by the four-week lockdown and beyond. Shieff Angland Lawyers have teamed up with Tax Professionals to give some general guidance on the government packages,... Read the rest of this entry