Legislation

Due diligence duty for directors and senior managers - consumer credit contract ...

Significant amendments were made to the Credit Contracts and Consumer Finance Act 2003 in 2019.

• Accountability
• Compliance
• Director duties

Criminal offence for cartel conduct

The Commerce (Criminalisation of Cartels) Amendment Act 2019 introduced a criminal offence for people engaged in cartel conduct, with effect...

Trusts Act 2019

After several years in the making, New Zealand now has a new Trusts Act.

• Director duties
• Not for profits

Recent climate change developments

There have been several recent legislative developments in climate change. These are summarised below.

• Climate change
• ESG
• Financial reporting

A temporary safe harbour for directors

Earlier this year the government announced a temporary insolvency package to assist directors and organisations in responding to the challen...

• COVID-19
• Decision making
• Director duties

Privacy modernisation

The new Privacy Act comes into force on 1 December 2020 to protect and promote individual privacy.

• Compliance
• Privacy

Changes for school boards

The new Education and Training Act 2020 has passed into law with the majority of the Act coming into effect on 1 August 2020.

• Conduct
• Not for profits

A new Public Service Act

The Government has implemented the most significant overhaul of New Zealand’s Public Service in 30 years by replacing the State Sector Act w...

• Public sector