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2 May 2024 10:04
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  •   Home > News > Politics

    A legal expert has concerns about the changes made to our Companies Act

    A legal expert has concerns about the changes made to our Companies Act


    The Government's introduced legislation which removes the legal risk for directors.

    The University of Auckland's John Land says that could be worrying.

    He wants to know if it means there's a full license to engage in reckless trading - but he says directors will still have to follow their obligations of good faith.

    Under the rules, businesses will also be able to park debt until they start trading again.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     02 May: Dunedin City Council is challenging the Government over recent upheaval within the disability support sector
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     01 May: A friendly animated dolphin is helping teach kids about safety online
     01 May: The Health and Disability Commissioner may end up giving people the right to appeal her decisions
     30 Apr: Confirmation overall NCEA pass rates declined in 2023, compared to the year before
     30 Apr: Concerns New Zealand's failed to uphold children's human rights
     30 Apr: Delays to a 2.4 million dollar park in the works near Wellington Airport
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     Today's News

    Law and Order:
    Stricter security in force at Wellington Hospital, following a shooting yesterday, during rush hour 9:57

    Politics:
    Dunedin City Council is challenging the Government over recent upheaval within the disability support sector 9:47

    Entertainment:
    Harry Jowsey has been diagnosed with skin cancer 9:44

    Education:
    Pro-Palestinian protesters attacked, hundreds arrested in New York at encampment 9:37

    Entertainment:
    Lucy Boynton was thrilled to take home a "stack" of records from 'The Greatest Hits' set 9:14

    Entertainment:
    Nick Viall has got married 8:44

    Soccer:
    Borussia Dortmund's 81-thousand seat home football stadium has erupted just before halftime of their Champions League semifinal first leg match 8:17

    Entertainment:
    King Charles specifically asked to meet with cancer patients and their families on his return to public engagements 8:14

    Living & Travel:
    Why Europe's most famous tourist attractions are turning people away 8:07

    Law and Order:
    A reminder to not put 111 on your prank call list 7:57


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