On 10 May 2018, the Minister of Commerce and Consumer Affairs announced the release of a discussion document that sets out a proposal for a new, Ponzi-specific, insolvency regime. It is based on the idea that investors should be treated equally.
The Ministry of Business, Innovation and Employment is asking for feedback on regulations to support the new Business Payment Practices disclosure regime.
The Ministry of Business, Innovation and Employment is consulting on behalf of the Registrar of Companies on proposed exemptions from requirements in the Companies Act 1993 and Limited Partnerships Act 2008.
The Insolvency Review Working Group was a panel of experts set up in November 2015 to examine aspects of corporate insolvency law.
The Companies Amendment Act (No 4) 2014 and the Limited Partnerships Amendment Act (No 2) 2014 became law on 24 June 2014.
A new co-regulatory licensing regime for insolvency practitioners is currently being considered by Parliament.
We are working with the Parliamentary Counsel Office (PCO) to revise Acts and make them more accessible, readable and easier to understand.
The corporate governance system provides the legal infrastructure for the operation of businesses, not-for-profit entities and civil society organisations.
This section relates to the laws on how entities, including companies, incorporated societies, building societies and limited partnerships, are created, administered and wound up.
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