Applications for 2011-2012 Growth Contracts (enabling share purchases to be spread over three years with one-third of the contracted quantity to be purchased as part of June 2012 end of season transactions) may be made until 30 April 2012. The delayed share purchase scheme
The High Court1 has told the Minister of Finance and the Minister of Land Information that their decision to grant consent to the purchase of the Crafar farms by an overseas person was ‘misdirected in law’. So what happens now? The future ownership of the Crafar farms
Bringing New Zealand’s biosecurity up to date The Biosecurity Act 1993 is now 17 years old and the legislation has not kept up to date with the evolution of biosecurity challenges in New Zealand. New markets are opening, imports are increasing, there is potential harm from
Your things can cause headaches when they head out of bounds You will have all sorts of things on your farm: dogs, stock, water reservoirs, effluent ponds, fires, weeds, emergencypetrol supplies, children, compost heaps, bird scarers, etc. Some of those things are valuable
Duties of a trustee One of the most important duties of a trustee is to act totally in the interests of the trust beneficiaries. Divided loyalties or a conflict of interest can be enough for a trustee to be removed. A recent decision, Wilson v Pedersen1, shows the
Taylor v Official Assignee Trusts are quite often used to protect assets against possible future creditors. Of course you cannot use a trust in order to defraud your creditors. If you know you cannot pay your debts, then putting assets into a trust where they are ringfenced
Hastings Office - Trust House, 206 Queen Street East, Hastings, New Zealand
P.O. Box 148, Hastings 4156, Email: giffdev@giffdev.co.nz,
Phone: 06 873 0420, Fax: 06 876 0043
Havelock North Office - 1 Havelock Road, Havelock North, 4130
