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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
3 mins to read

Bayly to modernise Companies Act amid directors’ duties review

Commerce and Consumer Affairs Minister says businesspeople need to be encouraged to take prudent risk.

WATCH: Commerce and Consumer Affairs Minister Andrew Bayly (right) speaks with Brent Edwards.

Commerce and Consumer Affairs Minister Andrew Bayly is introducing a package of reforms to modernise the “30 years out of date” Companies Act, ahead of a review of the oft-criticised directors’ duties legislation.

Bayly announced today the Government’s plan to phase in improvements to the

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Hamish McNicol Thu, 15 Aug 2024
Contact the Writer: Hmcnicol@nbr.co.nz
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Bayly to modernise Companies Act amid directors’ duties review
Law,
105332
true