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Transcript of Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip...
![Page 1: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/1.jpg)
www.simpsongrierson.com
Local Authority Property Association
Legislative Update 2014
Phillip Merfield and Donna Hurley
5 November 2014
![Page 2: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/2.jpg)
www.simpsongrierson.comIntroduction
Outline of legislative changes affecting property:
– Local Government Act 2002
– Statutes Amendment Bill (No 4)
– Real Estate Agents Act 2008
– Fair Trading Act 1986
Proposed legislative changes to Valuers Act 1948
![Page 3: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/3.jpg)
www.simpsongrierson.comLGA 02 Amendment Act 2014
• came into effect on 8 August 2014
• key changes concerning decision-making:
– significance and engagement policy
– assess advantages and disadvantages of options
– more flexibility for special consultative procedure
– requirements to consult in accordance with, or in a manner that gives effect to, section 82
– changes to consultation for long-term plans and annual plans
![Page 4: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/4.jpg)
www.simpsongrierson.comLGA 02 Amendment Act 2014
• Other important changes
– Development contributions
– Delivery of services review
– Local boards
– Infrastructure strategy
– Electronic meeting attendance
![Page 5: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/5.jpg)
www.simpsongrierson.comStatutes Amendment Bill No 4
• Changes affecting local authorities
– Local Government Act 1974 (temporary road stopping)
– Local Government Act 2002 (presumption regarding alcohol in alcohol ban areas)
– Local Government Official Information and Meetings Act 1987 (substantive amendments)
– Ombudsmen Act 1975 (grounds to refuse to investigate)
– Reserves Act 1977 (transfer of reserves to Crown and removal of outdated limitations)
– Sale and Supply of Alcohol Act 2012 (various “tweaks”)
![Page 6: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/6.jpg)
www.simpsongrierson.com
Real Estate Agents Act and Fair Trading Act
How will these affect you?
• The Real Estate Agents Act 2008
• Are you are real estate agent?
• You are if you do “real estate agency work”.
• “Real estate agency work” is any work done or services provided:
- in trade
- on behalf of another person
![Page 7: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/7.jpg)
www.simpsongrierson.comReal Estate Agents Act
- for the purposes of bringing about a transaction
• “Transaction” is:
- Sale, purchase or other disposal or acquisition of a freehold estate or interest in land
- Grant, sale, purchase or other disposal or acquisition of a leasehold estate or interest in land (but not residential tenancies)
- Also registered licences, occupation rights
![Page 8: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/8.jpg)
www.simpsongrierson.comReal Estate Agents Act
businesses (either with or without any interest in land)
• Exclusions from “transactions”:
- general advice to assist owners to locate and negotiate with potential buyers
- publishing advertisements
- lending money
- Investment advice
- providing conveyancing services
![Page 9: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/9.jpg)
www.simpsongrierson.comFair Trading Act 1986
• Major changes from 17 June 2014:
• Unsubstantiated representations
- Section 12A to 12D
• You can’t in trade make an unsubstantiated representation
• A representation is unsubstantiated if you have no reasonable grounds for making it at the time it was made, irrespective of whether it was false or misleading
![Page 10: Www.simpsongrierson.com Local Authority Property Association Legislative Update 2014 Phillip Merfield and Donna Hurley 5 November 2014.](https://reader035.fdocuments.net/reader035/viewer/2022062515/56649d0a5503460f949dcf3b/html5/thumbnails/10.jpg)
www.simpsongrierson.comFair Trading Act 1986
• A representation is a claim (express or implied) made in respect of goods, services or an interest in land
• You can’t contract out of this provision – section 5C
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www.simpsongrierson.com
Proposed changes Valuers Act 1948
• Reform of valuation profession
• LINZ discussion paper
• Why is reform needed?
• Objectives of reform
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www.simpsongrierson.comQuestions