In the latest Lane Neave Business Law Newsletter:
The future of Christchurch’s regeneration has shifted hands. The Greater Christchurch Regeneration Act 2016 (Act) came into force on 19 April 2016. The Act marks an important milestone in Christchurch’s post earthquake journey in the shift from recovery to regeneration. Not only does it highlight the progress of Christchurch’s efforts over the last five years but opens the doors to a future of exciting opportunities for the residents, businesspeople and visitors to the Garden City. The commencement date of the Act, coincided with the expiry of the Christchurch Earthquake Recovery Act 2011 (CER Act) on 18 April 2016. The CER Act has been repealed and gone are the days of the Christchurch Earthquake Recovery Authority.
The Trans-Pacific Partnership Agreement Amendment Bill (Bill) was introduced to Parliament on 9 May 2016, by the Minister of Trade, Todd McClay. It was introduced as an omnibus bill, meaning that the intention of the Bill is to make minor and non-technical amendments to existing legislation in order for New Zealand to be in a position to comply with its obligations under the Trans-Pacific Partnership Agreement (Agreement). The Agreement was signed by New Zealand on 4 February 2016 and the Bill marks the final step for New Zealand to be able to ratify the Agreement.
A brief overview from Budget 2016.The Budget 2016 indicates New Zealand’s economy is in good health and the government is clearly looking to continue building the economy, reduce debt and grow surplus’s while spending cautiously.
Business Law team
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