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30 Business Articles

Directors Duties - comply or perish!

Given the current economic uncertainties, it is timely to consider the duties of company directors. The penalties for breaches can be harsh, and it is important to be aware of your responsibilities to the company, its shareholders, and third parties.

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Is my business on the list?

In April last year, INZ introduced a compulsory stand-down for “non-compliant employers”. This is now beginning to have a significant effect on a number of employers.

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Unfair contract terms in business to business contracts

A recent court case in the Federal Court of Australia has tested the application of the unfair contracts regime to small businesses.

The Australian Consumer Law Act applies to protect consumers from unfair contract terms in standard form contracts and in November 2016 was extended to protect small businesses.

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Fighting organised crime and money laundering

The Organised Crime and Anti-Corruption Legislation Bill has just passed its third reading. The Bill forms part of a Government programme aimed at preventing calculated, serious crimes for profit. Find out what this could mean for you and your business.

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Incorporated Societies

New Zealand has over 23,000 incorporated societies, yet the legislation governing incorporated societies has barely changed in over 100 years. Recently the Government accepted the Law Commission’s recommendations to replace the Incorporated Societies Act 1908 with a more robust, modern Act. Consultation on a draft Incorporated Societies Bill ...

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Limited Partnerships

Limited partnerships are a relatively new type of business structure in New Zealand. Since the introduction of the Limited Partnerships Act in 2008, limited partnerships have become an increasingly popular vehicle, allowing investors to enjoy the “best of both worlds”.

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Software Licence Agreements

Many New Zealand businesses (whether small or large) will have entered into some form of software licence agreement. But as software becomes more advanced and complex, so too can software licensing arrangements. This article aims to identify some important issues that all businesses should bear in mind when considering licensing ...

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