Health and Safety Legislation: update
The Health and Safety at Work Act was passed on 27 August 2015 and will come into force on 4 April 2016.
Company or Trust
The two most common farm-owning entities are either a company or a trust. Often, a farming operation is carried out with a mix of trust ownership (typically owning the land)...
The Bright-line Test
In our Winter edition (page 4) we noted the government’s proposed property taxation changes and ‘bright-line’ test.
Look before you leap into a contract
In a bustling real estate market, significant pressure is often placed on purchasers to make an offer in a short timeframe, often with few conditions (if any).
Selling your property? Avoid payment of commission to more than one agent
It’s surprising that when selling property, the seller often pays little attention to the terms of the real estate agent’s listing agreement – particularly when there may a substantial sum...
Contact us early on in the subdivision process, not right at the end
As you will know lawyers and legal executives are involved in many stages of the subdivision process as it grows from an idea in a developer’s mind through to the...
IRD numbers required for trusts to buy and sell residential property from 1 October 2015
This could cause a problem for any trust if the sale or purchase is due to settle after that date.
Companies acting as corporate trustees: 28 October is a critical date
As from 28 October 2015 a company must have at least one director who either: lives in New Zealand, or lives in Australia and is a director of a company...
Complying Trusts
Help is here for a settlor who leaves New Zealand. In New Zealand we have a settlor-based tax regime.
Changes to Health and Safety Law are on their way
The long-awaited Health and Safety Reform Bill passed into law on 27 August and the Health and Safety at Work Act 2015 will come into force in April next year.