The Overseas Investment (National Interest Test and Other Matters) Amendment Bill (Bill) was introduced to Parliament in June 2025. The Bill gives effect to the Government's proposed changes announced earlier this year (refer to our article regarding this here) and forms part of the Government's ...

Anderson Lloyd was pleased to host the 2024 Cooperative Business NZ Annual Awards last week in our Ōtautahi office. The event was a full house, with attendees coming from all over the country to celebrate individuals and organisations contributing to the cooperative and mutual community. ...

The new Incorporated Societies Act 2022 (new Act) is now fully in force and incorporated societies will need to re-register under the new Act before 5 April 2026 in order to remain an incorporated society. The new Act was passed into law on 5 April ...

The Act received Royal assent on 26 July 2023 and will come into force on 25 May 2024. The purpose of the Act is to improve transparency in business to business payment practices of "large entities" and to enable the public to access information about ...

The Financial Markets Conduct (Small Co-operatives) Exemption Notice 2022 (Co-op Exemption Notice) allows for co-operative companies and industrial and provident societies to be exempt from certain requirements in the Financial Markets Conduct Act 2013 (Act) where: investors will pay no more than $10,000 in total ...

The new Incorporated Societies Act 2022 (new Act) was passed into law on 5 April 2022 and significantly changes the way incorporated societies are regulated in New Zealand. The new Act replaces the Incorporated Societies Act 1908 (1908 Act), modernising its legal, governance and enforcement ...

Consumer finance providers will be aware of the new certification requirements under Part 5A of the Credit Contracts and Consumer Finance Act 2003 (CCCFA). This article provides practical tips for lenders applying for certification. Certification under Part 5A of the CCCFA became compulsory from 1 ...

Businesses need to be aware of the impact of the Fair Trading Amendment Act 2022, which comes into force on 16 August 2022. The Amendment Act prevents the use of unfair contract terms in standard form small trade contracts. Businesses need to ensure that their ...

Shareholder disputes are very common, particularly in small closely held companies. Small closely held companies are effectively partnerships between shareholders in a company, often involving close interdependent relationships that under pressure can break down. The main causes of a breakdown in a relationship between shareholders ...

The Water Services Act 2021 has somewhat flown under the radar amidst the contested Three Waters Reform. However, it is the Water Services Act that may provide the largest implications for the rural communities of New Zealand. The Act came into force on 15 November ...

Following on from the release of the Government's "Emissions Reduction Plan" discussion document in October, the He Waka Eke Noa partnership has now released its first discussion document outlining its proposals for an agriculture sector-specific emissions pricing scheme. In 2019, the Climate Change Response Act ...

New Zealand's first "Emissions Reduction Plan" is due to be released in May 2022. A discussion document released by the Ministry for the Environment in October provides insight as to how the plan may affect several key sectors.  On 31 May 2021 the Climate Change ...

On 23 September 2021 the Companies (Directors Duties) Amendment Bill was drawn from the ballot. If passed, the amendments would signal a shift in the underpinning corporate governance theory of company law in New Zealand. The Bill clarifies that directors may take into consideration "recognised ...

MBIE has advised that the Government has decided to implement a range of temporary measures across Commerce and Consumer Affairs legislation that respond to the disruption and uncertainty caused by the re-emergence of COVID-19 in the community in New Zealand. These measures, which will be ...

This article was published on the NZ Lawyer website on Friday 23rd April. Buddle Findlay and Anderson Lloyd have played advisory roles in what Buddle Findlay said is New Zealand’s largest hotel sale for 2020-2021. The transaction involved the acquisition of the Sofitel Queenstown Hotel ...

The Court of Appeal has recently released a decision that relates to the actions of a minority shareholder in the context of a business sale.The case highlights the importance of having a well thought-out shareholders' agreement that anticipates the likely needs of shareholders, both now, ...

Takeovers Panel announces temporary class exemptions to assist Code companies to raise capital On 10 April 2020 a suite of temporary class exemptions granted by the Takeovers Panel will come into effect. The exemptions are set out in the Takeovers Code (Facilitation of Capital Raising ...

The Government has announced that it will be introducing legislation to make changes to the Companies Act to help businesses facing insolvency due to COVID-19 to remain viable. We are broadly supportive of these changes which are a pragmatic response to the crisis and follow ...

Update to definition of "code company" narrows application of Takeovers Code The Regulatory Systems (Economic Development) Amendment Act (No 2) 2018 came into force on 13 January 2020.  Broadly, the Act makes discrete amendments to economic development legislation for the purpose of improving regulatory systems ...

Most directors will be familiar with the requirement to issue a prospectus under the old Securities Act 1978 ("Old Act") when an "offer to the public" is made. However, the old regime was recently replaced with the repealing of the Securities Act 1978 in favour ...

The final consumer law reform 2013 changes have just been implemented. On March 17 the unfair contract term regime comes into force, prohibiting unfair terms in standard form consumer contracts between businesses and consumers. Consumers who consider a term in a standard form contract is ...

In overturning the Court of Appeal in the Fences and Kerbs case[1] the Supreme Court has issued an important decision which affects both liquidators and anyone who supplies goods and services on credit terms. The decision relates to voidable transaction claims brought by liquidators of ...

As of 30 September 2014 you can now register shorter, simpler web addresses ending with just .nz instead of .co.nz, .org.nz, .net.nz and so on. Most people who already have an existing New Zealand domain name will be able to take advantage of a six-month ...

On 5 June the Ministry of Business, Innovation and Employment released the Regional Economic Activity Report for 2014. The annual report provides data that allows the Ministry to compare regional performance, and gain a better understanding of the roles that the 16 regions play in ...

The Government has recently introduced the Health and Safety Reform Bill as part of a suite of major health and safety reforms which has already seen the establishment of WorkSafe New Zealand. The reforms are an outcome of the Independent Taskforce on Workplace Health and ...

The Financial Markets Conduct Act 2013 ("FMC") was passed last year. It significantly changes the way securities (including shares, bonds and debt investments) have been offered in New Zealand for the last 35 years. The FMC replaces various pieces of legislation including the Securities Act ...