In our 22 July 2016 alert we referred to the intention of the Government of Fiji to enact Regulations to govern offences, penalties and extensions of time on the construction deadline of 31 December 2016. These Regulations have now been issued (including, at the back of the Regulations, the six-page application form to be used… Read more »
Yearly Archives: 2016
Changes to Land Sales Act allow non-residents to apply to extend December deadline for building on residential land
Introduction 1. Earlier this month the Fiji Parliament enacted the Land Sales (Budget Amendment) Act 2016 (“Amendment Act”). The Amendment Act is aimed at non-resident owners of Fiji land caught by the 2014 law changes. They will now be able to apply for additional time beyond the existing December 2016 deadline to complete building on… Read more »
Employment taxation incentives
1. Introduction The Minister of Finance presented the 2016-17 National Budget to Parliament on Wednesday 23 June 2016 and introduced a number of budget amendment bills to the House. These bills were debated and enacted by Parliament on Friday 8 July 2016. 2. Employment The 2016-17 Budget is designed to focus on rehabilitation of public… Read more »
The Companies Act – Annual Registration Fees
Introduction The Companies Act 2015 requires a company to pay prescribed annual registration fees to the Registrar of Companies within 28 days of the anniversary of its registration date. This means, for example, that if a company (including a company formed before 2016) was registered on 1 April, registration fees must be paid not later… Read more »
Munro Leys Hot Topics 2016
Munro Leys Hot Topics 2016
Fair Reporting of Credit Act 2016
The Fair Reporting of Credit Bill, No 27 of 2016 was passed under urgency by the Fiji Parliament on Wednesday 27 April 2016. The Bill is expected to be enacted shortly and published in the Fiji Government Gazette. On commencement of the Fair Reporting of Credit Act, (on a date to be appointed by the… Read more »