New Zealand Law Society - Current law reform work

Current law reform work

One of the Law Society's most valued roles is to provide an informed and reasoned voice for lawyers and for the public on bills referred to select committee and discussion papers from government agencies and other bodies. Read below for our current work.

Inland Revenue consultation PUB00506: Income tax - forestry 

Inland Revenue is seeking feedback on a draft interpretation statement which explains how income tax applies to persons who undertake forestry activities (including those who derive income from sales of timber). The Law Society’s Tax Law Committee will consider making a submission. To contribute comments, please email Nilu Ariyaratne.

Inland Revenue consultation PUB00537: Income tax – retention money 

Inland Revenue is seeking feedback on a draft response to a question about when a person derives retention money as income and incurs expenditure on retention money. The Law Society’s Tax Law Committee will consider making a submission. To contribute comments, please email Nilu Ariyaratne. 

Consultation on options to adopt UNCITRAL Model Law on Electronic Transferable Records 

The Ministry of Business, Innovation and Employment is seeking feedback on options to adopt the United Nations Commission on International Trade Law's (UNCITRAL) Model Law on Electronic Transferable Records. The Law Society's Commercial and Business Law Committee will consider making a submission. To contribute comments, please email Shelly Musgrave.