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

‘Omnibus’ law change gives small companies a welcome exemption

The law change could save small companies hundreds of thousands of dollars.

Julie Iles Thu, 21 Nov 2019

A law change passed with little fanfare is being welcomed by the Unlisted Companies Exchange (USX) for exempting smaller companies from an expensive takeover compliance regime.

The Regulatory Systems (Economic Development) Amendment Bill updated a hodgepodge of statutes largely governed by the

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‘Omnibus’ law change gives small companies a welcome exemption
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