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Bill to combat company registration misuse passes second reading

on Thursday 4 July 2013 in Forward thinking, Law, Reform, Sectors

Published 3 July 2013
The Companies & Limited Partnerships Amendment Bill, intended to strengthen the registration regime, has passed its second reading in Parliament.

It’s intended to address the misuse of New Zealand’s registration scheme by overseas entities and tightens the criteria for company registration by requiring every NZ-registered company to have an identifiable individual as the point of contact. This person must be a director of a New Zealand company, or of a company in a country where New Zealand has reciprocal arrangements for the enforcement of criminal sanctions.

Commerce Minister Craig Foss added: “The bill will also give new powers to the Registrar of Companies to investigate non-compliance with the Companies Act. Companies will be removed from the register if they provide inaccurate information, or persistently fail to comply with the act.”

Attribution: Ministerial release.

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Property Council & Engineering Centre organise construction sector summit

on Monday 2 April 2007 in Forward thinking

Published 1 April 2007


The Property Council and the Centre for Advanced Engineering have called a 2-day industry summit for the construction sector aimed at thinking strategically and acting together to anticipate the long-run impacts of several emerging trends arising from continual pressure on industry capacity.


The summit will be held on Wednesday-Thursday 30-31 May at the Waipuna Hotel & Conference Centre, Mt Wellington.


The 2 organisations want to bring national & international leaders together to analyse current & future market conditions from a range of industry perspectives. The organisations anticipate that cross-sector construction volumes will rise dramatically in the next few years, placing significant pressure on resources.


“For an industry that produces 15% of all goods & services in New Zealand and employs around 14% of the workforce, it’s vital that we understand the extent of the coming resource demand and arrange procurement methods which provide best value for money for owners & project delivery stakeholders.”


The intention of the summit is to examine how project time, cost & quality performance might be affected by key resource shortages and how the construction industry might increase industry capabilities.


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Attribution: Property Council release, story written by Bob Dey for this website.

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