What does the new medicinal cannabis scheme mean for New Zealand?
The Misuse of Drugs (Medicinal Cannabis) Regulations 2019 (the Regulations) and Misuse of Drugs (Prohibition on Utensils) Notice 2020 (the Notice) came into force on 1 April 2020, opening up new avenues for patients to access medicinal cannabis, and new opportunities for business.
Latest updates to the COVID-19 Wage Subsidy Scheme – what employers need to know
Further significant clarifications and updates were announced on 27 and 28 March 2020, which are relevant to any New Zealand employer that has not yet (as at 4pm on 27 March 2020) applied for wage subsidy relief under the Scheme.
COVID-19: RELIEF UNDER CONTRACTUAL PROVISIONS OTHER THAN FORCE MAJEURE
In the current time with the COVID-19 pandemic and consequent commercial hardship, it is almost a reflex action to look for force majeure provisions under contracts to seek relief. However, when analysed carefully, contracts have other provisions, which could also be relied on for seeking relief, especially for cost compensation. These provisions could also be looked at …
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COVID-19 Epidemic notice and emergency powers – what do they mean for businesses and employers?
The declaration of a State of National Emergency on 25 March 2020 and issuance of an epidemic notice on 24 March 2020 have opened up a wide range of additional powers for government to enforce the restrictions it will impose under COVID-19 Alert Level 4. For our full COVID-19 coverage, follow this URL: https://www.bellgully.com/publications/covid-19-updates …
COVID-19 Commerce Commission issues guidance but cartel risks remain
COVID-19 is affecting all businesses. Huge swings in demand (generally down, but in some cases up) and logistical challenges are looming large. For our full COVID-19 coverage, follow this URL: https://www.bellgully.com/publications/covid-19-updates
Landmark Supreme Court decision confirms key aspects of NZ price fixing prohibition
For a copy of the full article, please click the following URL: https://www.bellgully.com/Shared%20Documents/A%20landmark%20Supreme%20Court%20decision%20has%20confirmed%20key%20aspects%20of%20the%20price%20fixing%20prohibition%20in%20New%20Zealand.pdf
COVID-19 Privacy in a pandemic
In an emergency like the COVID-19 pandemic, the tension between the maintenance of personal privacy and the good of the collective can come to a head. Information can be key to ensuring issues are properly addressed, however it is important to ensure that individual privacy rights are respected.
COVID-19 Access to capital and financial reporting
Extreme times require extreme measures. Yesterday, the Financial Markets Authority (FMA) and the NZX announced regulatory relief measures due to the disruption caused by COVID-19. FMA’s relief includes an additional two months for Financial Markets Conduct Act reporting entities (FMC reporting entities) to provide their audited financial statements. The NZX has provided similar relief for …
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Further reform announced on unfair commercial practices and contract terms
The Ministry of Business, Innovation and Employment recently announced its policy decisions regarding changes to the law on unfair commercial practices.