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Legal and regulatory update for the life and health insurance sector

23 Sept 2021 – First Parliamentary reading of the Taxation (Annual Rates for 2021-22, GST, and Remedial Matters) Bill completed, with referral to the Finance and Expenditure Select Committee. https://www.parliament.nz/en/pb/bills-and-laws/bills-proposed-laws/document/BILL_115767/taxation-annual-rates-for-2021-22-gst-and-remedial-matters

24 Sept 2021 - MBIE issued advice that the Responsible Lending Code has been updated to reflect the revised start date of 1 December 2021, while noting that Chapter 12 of the Code continues to come into force on 1 February 2022. https://www.mbie.govt.nz/assets/responsible-lending-code.pdf

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