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Category: Corporate & Commercial

  • ACP Cladding and the Suspension of CodeMark Product Certification

    3 September 2018

    In the aftermath of the Grenfell Tower disaster, there has been a renewed focus on the types of cladding used on buildings in New Zealand. This is because the use of Aluminium Composite Panel (ACP) cladding was considered to be a major factor in the speed and spread of the Grenfell Tower fire.Essentially, ACP cladding is a sandwich of two thin aluminium sheets with a binding core made up of polyethylene and/or a mineral combination. ACP cladding is popular because ...

  • Getting Paid – Make Sure You Hold the Deposit

    3 September 2018

    As agents are aware, when you hold the deposit and the agreement for sale and purchase is declared unconditional, the standard ADLS/REINZ agreement will allow you to deduct your commission – no risk.However, what happens when you allowed the deposit to be held by a third party, or it was a term of a bespoke agreement? In this case, if you are not paid, you must take legal action. To avoid that, always make sure the agreement provides that you ...

  • IMPORTANT ANTI-MONEY LAUNDERING REGULATIONS UPDATE

    31 May 2018

    You may be aware of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the “AML/CFT” law), which has been in force for some years now. To date, it has mainly affected banks and other financial or investment entities. The purpose of the law reflects New Zealand’s commitment to the international initiative to counter the impact that criminal activity has on people and economies within the global community.From 1 July 2018, lawyers are required to comply with the AML/CFT ...

  • How enforceable are those online “Ts & Cs” we all accept?

    3 March 2018

    We have all done it. You might be purchasing a product online or downloading software for your computer. You come to the end of your online purchase or download, and, without a second thought, you click a box to say you accept the terms and conditions (“Ts & Cs”) of the particular website without reading them first. But, just how enforceable are those Ts & Cs you just blindly accepted?Whenever you click “I accept” to a website’s Ts & Cs, ...

  • Sarah Davis Resigns from Glaister Ennor

    2 March 2018

    It is with regret that we announce Sarah Davis has resigned from Glaister Ennor on 28th February as she, and her family, take the exciting step of relocating to England where her husband is now part of the Ben Ainsley Racing Team.Sarah has been a significant member of our Glaister Ennor team and will be missed by staff and clients alike. She is a highly regarded lawyer in the corporate, commercial and health and safety areas.However partners, Mike Roberton and ...

  • Contract and Commercial Law Act 2017 – Changes and Implications

    6 December 2017

    The Contract and Commercial Law Act 2017 (“CCL Act”) came into force on 1 September 2017. The new legislation consolidates 12 commercial statutes into one to allow an up-to-date and accessible “one stop shop” Act to deal with contractual and commercial law matters.For example, legislation concerning contracts privity, contractual mistakes, contractual remedies, frustrated contracts, sale of goods, and carriage of goods have been repealed, and such matters are now governed by the CCL Act. However, consumer protection legislation has not ...