Extending COVID-19 related regulatory relief for businesses
Published: 2 Nov 2020Cabinet paper proposing extending regulatory relief for businesses: Orders in Council.
Type
File
PDF, 256KB, 9 pages
Update on COVID-19-related business relief measures
Published: 20 October 2020
Some of the temporary COVID-19-related relief measures introduced by the Government earlier this year have been extended, while others are no longer available or are soon to expire.
On this page
- Powers and exemptions to help businesses cope with the disruption caused by COVID-19: still available – extended to May 2021
- Business debt hibernation: still available to December 2020 – decision on extension pending
- ‘Safe harbour’ for company directors from their insolvency-related duties under the Companies Act: expired 30 September 2020
The Government introduced these changes to respond to the impacts of COVID-19 and support businesses through financial difficulty. With all of New Zealand now at Alert Level 1, some of this support is no longer required and directors’ insolvency-related duties under the Companies Act have resumed.
Extending COVID-19 related regulatory relief for businesses: Orders in Council – Minute of Decision
Published: 2 Nov 2020Agrees to extending regulatory relief for businesses.
Type
File
PDF, 250KB, 3 pages
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