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Keep up to date with what's happening in New Zealand law, and what's fresh at Webb Ross

Law change to protect car owner privacy

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In May 2011 the Land Transport Act 1998 was amended to better protect vehicle owners’ privacy.  The change was in response to concerns about names and addresses on the Motor Vehicle Register being used for marketing campaigns, and being available to anyone who requested them.

Yofi killed by Chow:  $45,000.00 damages awarded by Court.

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A case is reported from Seattle USA, where Yofi, a 12 year old cat was mauled to death in her owner’s back yard by the neighbour’s Chow dog.  The dog had a reputation for escaping. Yofi’s owner was awarded $15,000.00 for emotional distress as she was so traumatised she suffered sleep disturbances and panic attacks and became depressed.

Companies and Limited Partnerships Amendment Bill

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Prior to parliament dissolving before the recent general elections, the Companies and Limited Partnerships Amendment Bill was introduced into parliament.  Assuming that this Bill is adopted by the incoming government, the Bill is set to amend the Companies Act 1993 and Limited Partnerships Act 2008.  At a high level, the purposes of the Bill are to “increase confidence in New Zealand’s financial markets and in New Zealand’s regulation of” companies and limited partnerships, and to “ensure New Zealand remains a trusted place to do business”.  In order to help achieve this purpose, the Bill is set to make the following changes:

Is a family trust still right for me?

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Obviously the imminent abolition of gift duty has focussed peoples attention on trusts and whether a trust is something they should be considering. Trusts have come under attack recently from some quarters however there are still a number of valid reasons why you might want a family trust namely: