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The purpose of this bill is to amend the Arbitration Act 1996 to ensure arbitration clauses in trust deeds are given effect to extend the presumption of confidentiality in arbitration to a rebuttable presumption of confidentiality in related court proceedings under the Act, to clearly define the grounds for setting aside an arbitral award and bring New Zealand’s approach into line with foreign arbitration legislation, and to confirm the consequence of failing to raise a timely objection to an arbitral tribunal’s jurisdiction.Last activity 12 months ago
This bill raises the minimum residency qualification for New Zealand Superannuation from 10 years to 20 years after age 20.Last activity 12 months ago