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18 Apr 2024 15:55
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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
     18 Apr: Mayor Wayne Brown says he's not convinced rules on earthquake-prone buildings should apply to Auckland, but he welcomes the Government bringing forward a review
     18 Apr: Britain's foreign minister David Cameron says Israel has decided to retaliate against Iran
     18 Apr: A reminder New Zealand is called the Shaky Islands for a reason, following earthquake strengthening deadline changes
     18 Apr: Tread carefully over plans to extend earthquake-strengthening work deadlines
     18 Apr: Concerns the Government's new health guidance for children, could impact employer attitudes towards parents
     17 Apr: The Government's released health advice to help parents and schools, decide if a child is well enough to go to school
     17 Apr: The Mental Health Foundation is fighting to keep the relationships and sexuality guidelines in schools
     Top Stories

    RUGBY RUGBY
    Former Australian Diamonds coach Lisa Alexander is applauding Netball New Zealand's apparent move to merge three ANZ Premiership teams into the Super Netball competition across the ditch More...


    BUSINESS BUSINESS
    The Reserve Bank may have to make some unpopular decisions More...



     Today's News

    Entertainment:
    OJ Simpson is estimated to have died with a net worth of $3 million 15:40

    Politics:
    Mayor Wayne Brown says he's not convinced rules on earthquake-prone buildings should apply to Auckland, but he welcomes the Government bringing forward a review 15:27

    Rugby:
    Former Australian Diamonds coach Lisa Alexander is applauding Netball New Zealand's apparent move to merge three ANZ Premiership teams into the Super Netball competition across the ditch 15:27

    Soccer:
    Wellington Phoenix coach Giancarlo Italiano intends to slowly ramp up striker Oskar Zawada's minutes as he returns from a miraculous season-ending injury 15:17

    Entertainment:
    Prince Harry is reportedly planning to return to the UK next month 15:10

    Rugby League:
    Squash ace Joelle King is adamant her career is far from over despite a lengthy absence from the court 14:57

    Entertainment:
    Courtney Love has dec lared Taylor Swift is not "interesting" or "important" 14:40

    Basketball:
    The Philadelphia 76ers have edged the Miami Heat 105-104 in the NBA play-in to confirm themselves as the eastern conference's seventh seed in the playoffs 14:27

    Entertainment:
    Henry Cavill is "very excited" to be expecting his first child with girlfriend Natalie Viscuso 14:10

    Health & Safety:
    Sophie Kinsella, bestselling British author of Shopaholic series, reveals 'aggressive' brain cancer diagnosis 13:47


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