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Welcome to the Sharp Tudhope Lawyers' blog. Here you will find  topical information and advice relating to a wide range of areas of law, written by our legal experts.

CONSUMER LAW UPDATE - UNFAIR CONSUMER CONTRACTS

On 17 March 2015, changes to the Fair Trading Act 1986 (the “FTA”) are due to come into effect. These changes will specifically regulate what can be described as "standard form consumer contracts" (which may in fact also include business-business contracts relating to consumer goods) to address concerns about consumer contracts, or specific terms in consumer contracts, being unfair.
Written by Mark O'Donnell at 12:00

BOOST TO PAID PARENTAL LEAVE

On 1 April 2015 the full entitlement to paid parental leave will increase to 16 weeks. This will increase again on 1 April 2016 to 18 weeks. This means the entitlement will align more closely with Australia and the OECD average.
Written by Shima Grice at 09:00

MORE CERTAINTY FOR CREDITORS FOLLOWING SURPREME COURT DECISION

The eagerly awaited Supreme Court judgment of the Fences & Kerbs appeal has been released. The Supreme Court has unanimously allowed the appeals against the prior Court of Appeal decision that had “left very little scope for the operation of the [s296 Companies Act] defence” against voidable transactions. The Supreme Court considered its interpretation of the meaning of “gave value” was consistent with Parliament’s intention of increasing certainty for creditors who trade with companies in good faith and without any reason to suspect that the company is in financial difficulty.
Written by Matthew King / Nicola Scott at 00:00

CHANGES TO THE BUILDING ACT 2004 - 4 KEY THINGS YOU NEED TO KNOW

The changes to the Building Act 2004 (“the Act”), which took effect on 1 January 2015 attempt to strengthen consumer protection around residential building work. As a result, building contractors involved in the residential sector will need to update their contract documentation. Click the heading above to read more.
Written by Richard Kettelwell at 09:00

DEALING WITH DOOR-TO-DOOR SALESPEOPLE AND TELEMARKETERS: KNOW YOUR RIGHTS.

In June this year changes were made to the Fair Trading Act 1986 (as a result of the Door to Door Sales Act 1967 being repealed) to include protections for consumers in the context of uninvited direct sales such as door-to-door and (the more common) telemarket sales. Click the heading above to read more.
Written by Mark O'Donnell at 09:00

FINANCIAL MARKETS UPDATE: OFFERING FINANCIAL PRODUCTS TO NON-RETAIL INVESTORS.

New changes to the Financial Markets Conduct Act 2013 have recently come into force. These changes will be of interest to Company Directors, Senior Management and Investors. Click the heading above to read more.
Written by James Moran at 09:00

COMPANIES ACT UPDATE: CHANGES TO FILING REQUIREMENTS FOR SMALL COMPANIES

Are you a shareholder in a company with fewer than 10 shareholders? Due to recent changes to the Companies Act that came into force on 1 April 2014, you no longer have the obligation to prepare general purpose financial statements (even if you are trading in business). Click the heading above to read more...
Written by Lisa Kristensen at 09:00

CHANGES TO LIMITED PARTNERSHIPS IN FORCE SEPTEMBER 1 2014

A reminder from our earlier blog dated 7 August: The majority of the provisions of the Limited Partnerships Amendment Act 2014 come into force on 1 September 2014. Click the heading above to see the list of changes and how they may affect you.
Written by Kylie van Heerden at 09:00

HOUSING ACCORD SIGNED BY HOUSING MINISTER AND REGION'S MAYORS

Tauranga City Council and the Western Bay of Plenty District Council have now both reached an agreement known as a Housing Accord with the Housing Minister to facilitate an increase in supply of housing and improve housing affordability in the region. Click the heading above to read more.
Written by Alister Moran at 11:00

ALERT TO CONTRACTORS - LAW CHANGES THAT WILL IMPACT THE CONSTRUCTION INDUSTRY

The construction industry faces proposed changes to the Construction Contracts Act 2002 and new consumer laws for residential building contracts under the Building Act 2004. Click the heading above to read more.
Written by Alister Moran at 09:00

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