Are you a landlord or a tenant about to enter into an agreement to lease? Mark Shepherd, a Senior Solicitor in our Commercial Team, identifies issues and key points for landlords and tenants to consider before signing the agreement.
The Resource Management Act 1991 (“RMA”) sets out the process undertaken by consent authorities (ie. District and Regional Councils) in relation to applications for resource consents. Such applications are processed on a notified or non-notified basis, which determines the extent of public participation in the process.
There have been a number of changes in relation to lease inducement and lease surrender payments in 2013. Inland Revenue is now proposing broader changes to payments relating to leases, other interests in land, and licences to use land. Melissa Gibson, an Associate in our Commercial Team, discusses the proposed changes.
Recent tax reforms provide for changes to the taxation of lease inducement and lease surrender payments. This article outlines these reforms, which apply from 1 April 2013.
The Construction Contracts Amendment Bill was referred to Parliament earlier this year. The proposed changes to the Act are intended to apply from 1 November 2013.