Solid progress on 0% PIR for foreign PIE investorsInland Revenue hopes to be in a position to provide conduit tax relief in the first tax bill of 2010 for overseas investors in PIEs investing off-shore. Enforcement and the "Enforcement Date" - recent Court comment on the NZBA Deed of PriorityThe New Zealand Bankers’ Association standard form Deed of Priority is a widely used document likely to achieve a renewed prominence in the current flurry of mortgagee sales. Although the subject of much industry comment, the deed has not often been considered by the Courts. This Brief Counsel looks at two recent decisions and examines their implications.
Foreshore and Seabed Ministerial Review recommends Act be repealedThe Ministerial Review Panel looking at the Foreshore and Seabed Act 2004 has recommended that the Act be repealed and replaced with new legislation which establishes an alternative regime. |