Class 2 Building Regulation in NSW, a Few Recent Changes
Some amendments have recently been made to the legislation affecting the design, construction and rectification of class 2 buildings (or buildings containing a class 2 part) in New South Wales, which originally came into effect on 1 September 2020, for rectification, and 1 July 2021. The expiry of the transitional period to apply for registration […]
Letters of Comfort: Beware the Issuer
In the wake of Covid-19, many companies are finding themselves in the position of having to assess solvency. Under Australian insolvency law, solvency is determined on the basis of a “cash flow” test, and in making an assessment of solvency, directors may have regard to the company’s ability to access financial support from financiers, parent […]
