Andrew Bayly’s big move: Companies Act to get a makeover

Andrew Bayly has a vision for the Companies Act. (Image: NZME)

Thu, 15 Aug 2024

The Government has unveiled its vision for how the Companies Act needs to change, in what the responsible minister is touting as the largest set of modifications in the law's history.Minister for Commerce and Consumer Affairs Andrew Bayly has proposed new rules for:Major transactions. Identifying shareholders and directors in the companies register. Updating aspects of the law so more things can be done online rather than manually. Expanding how the New Zealand Business Number is used. Introducing new changes to insolven...

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