Contractual Remedies Amendment Act 2016

  • latest version but not yet in force
Coat of Arms of New Zealand

Contractual Remedies Amendment Act 2016

Public Act
 
2016 No 58
Date of assent
 
17 October 2016
Commencement
 
see section 2

The Parliament of New Zealand enacts as follows:

1 Title

This Act is the Contractual Remedies Amendment Act 2016.

2 Commencement

This Act comes into force on 1 March 2017.

3 Principal Act

This Act amends the Contractual Remedies Act 1979 (the principal Act).

4 New section 4A inserted (Stipulations not essence of contracts)

After section 4, insert:

4A Stipulations not essence of contracts

Stipulations in contracts as to time or otherwise that would not, before 13 September 1882 (the date of the coming into force of the Law Amendment Act 1882), have been deemed to be or to have become the essence of such contracts in a court of equity must receive in all courts the same construction and effect as they would have received in equity before that date.

Compare: 1908 No 89 s 90

Legislative history

14 September 2016

Divided from Judicature Modernisation Bill (Bill 178–2) as Bill 178–3K

11 October 2016

Third reading

17 October 2016

Royal assent

This Act is administered by the Ministry of Justice.