What interesting changes can we expect this year in
construction law?
Proposed changes to our existing body of construction law have
been publicised and debated for many years. Various governments
have announced plans to simplify the building code, to make life
easier for investors big and small. To date, nothing concrete has
happened. Amendments and improvements to the code have so far
stalled at the planning stage. Finally, however, a deal looks
imminent.
The Investment Act
The Ministry of Infrastructure has put forward a new
'Investment Act' (IA). Three key areas of
change are proposed:
- new regulations related to obtaining decisions on development
conditions (WZ)
- novel duties on local authorities designating urban areas