The provisions of the updated version will come into effect for users operating under the previous agreement from Thursday 28 June 2018.
Summary of changes
- New clause 4.5 clarifies time restrictions on content from Insolvency Register.
- Clause 4.8 (old clause 4.7) now provides three working days to respond to requests for compliance information, instead of 48 hours.
- Clause 19.1 has clarified that assignment of rights to third parties can be made with written consent from MBIE.
- The formal name of MBIE is used "The Sovereign in Right of New Zealand acting by and through the Chief Executive of the Ministry of Business, Innovation and Employment".