Major changes will shortly come into effect for any business that relies on standard form contracts that could have significant consequences, including invalidity of contracts and substantial civil penalties.
https://t.co/mlnO9ktiri
#unfaircontractterms#UCT
The AAT has upheld the disqualification of the director of a corporate trustee of a self-managed super fund (SMSF) following several contraventions of the Superannuation Industry (Supervision) Act 1993.
https://t.co/xjgRXNUz0c
#ATO#SMSF#director#AAT#disqualification
Company directors who were appointed on or before 31 October 2021 have until 30 November 2022 to apply for a Director Identification Number (DIN). https://t.co/9ySUPT9Jym
#directoridentificationnumber#abrs#directors#DIN
In an effort to address the issue of defective work in the construction sector, the Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020 was introduced.
@ChrisKintis
https://t.co/9Kzha04mwr
#enforcementpowers#developers#buildingwork#construction
John recently celebrated the 50th anniversary of his admission as a legal practitioner. The team at ClarkeKann are honoured to share in this remarkable achievement and proud to call John a colleague and friend.
https://t.co/x628AWPnLL
#achievement#anniversary#lawyer
The recent decision in Donvito v Hawkesbury City Council [2022] NSWLEC 26 gives a key insight as to what circumstances will result in consent for staged developments lapsing.
https://t.co/6hu7SOh2fA
#localcouncil#developmentconsent#courtdecision
A recent Land and Environment Court decision has highlighted the importance of taking into account subjective matters when issuing a development control order.
https://t.co/yX3fmBOVTt
#localcouncil#zoning#appeal
The Court has recently extended the operation of the Local Government (COVID-19) Splinter (Interim) Award 2021, which includes various additions such as conditions for leave for vaccinations and working from home.
https://t.co/G4FMmmTeYG
#covid19legalupdate#localgovernment
Despite the owner terminating a building contract for serious delay, a recent Supreme Court decision found that the builder was entitled to recover full payment.
https://t.co/qyMO8j3mJc
#debtrecovery#supremecourt#buildingdelays#contracttermination
There is hope that the introduction of a new type of investment vehicle will make Australian funds more attractive to offshore investment.
https://t.co/WHiAVrmQXh
#corporatecollectiveinvestmentvehicles#cciv#asic#funds
Changes to stamp duty are on the horizon, with the scope of dutiable transactions set to include acknowledgement of trusts and changes in beneficial ownership. Read more about the proposed reforms here.
https://t.co/BwcO8DQEza
#stampduty#dutiable#DutiesAct#tax#transaction
A recent High Court, which found that the lender of an asset-based facility acted unconscionably and ordered that the loan and mortgage be set aside, has significant implications for asset-based lenders. https://t.co/aBYGGhbIaw
#assetbasedlending#unconscionableconduct#HCA
ASIC's decision not to pursue ex-Crown directors offers a timely opportunity to consider the scope of directors' reliance in discharging their duties.
https://t.co/HrcSGvWuNl
#ASIC#Crown#directors#governance#reliance
The High Court recently handed down two decisions that mark a significant shift in how employment and independent contractor relationships are determined.
https://t.co/lsV7GfJyFl
#employee#contractor#contract#guidance#highcourt
With the global market for non-fungible tokens (NFTs) currently exploding in the cryptocurrency world, our IP Team looks at how the purchase, sale, ownership, rights of use and the copyright associated with NFTs is regulated in Australia. https://t.co/EhtjlGmS3t
#copyright#NFTs
The ATO is ramping up recovery following the easing of COVID-19 restrictions, using Director Penalty Notices as a mechanism for debt collection. Understanding how they operate is important for any director.
https://t.co/fVwU1JVxI9. #directorpenaltynotice#DPNs#ATO#taxationlaw
The Court of Appeal has provided clarity as to whether the protection afforded to public authorities under s 43A of the Civil Liability Act 2002 (NSW) applies to the issuing of planning certificates by councils https://t.co/DYRTXkx76b
#courtofappeal#civilliabilityact#council
After an 18 month trial period the NSW Parliament has now made the temporary provisions which allowed for the remote witnessing of important legal documents such as wills, statutory declarations and affidavits, permanent.
#remotetransactions#witness
https://t.co/5IwdquptsH