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FMC Act Designation and Exemption

The Financial Markets Authority (the FMA) has recently released a consultation paper (28 September 2015) seeking views on whether corporate vehicles set up by property developers to manage the costs associated with communal facilities in real property (such as access ways, lifts, or common garden areas), should be regulated under the FMC Act. The FMA’s [...]

October 19th, 2015|Categories: Legal Developments|Tags: , |

Companies Act Update

The Companies Amendment Act 2014 introduced a number of changes to the Companies Act 1993.  One of these changes is that all New Zealand incorporated companies must have at least one director that either lives in New Zealand, or lives in an “enforcement country” and is also a director of a company incorporated in that [...]

October 19th, 2015|Categories: Legal Developments|Tags: , , |

Harmful Digital Communications – A Crackdown on Cyberbullying

The Harmful Digital Communications Act 2015 (the Act) received Royal Assent on 2 July 2015.  Certain offences under the Act have already come into force, such as causing harm by posting digital communications (section 22), while the rest of the Act, such as the complaint and take down procedure, don’t come into force until either [...]

October 19th, 2015|Categories: Legal Developments|Tags: |