Is a site audit statement worth the 'paper' it is written on?
In many transactions, site audit statements have become de facto certificates that a condition precedent or condition subsequent in an agreement has been satisfied (or not).
Multiples parties often rely on a site audit statement, such as vendors, purchasers, financiers, directors and decision makers within a company. However, are these parties entitled to rely on them? What does a site audit statement that confirms the land is suitable for a particular use actually tell them?
Maddocks partner and leading environment and planning lawyer Patrick Ibbotson examines the issues that may arise in transactions that rely on site audits.
Hope for flood victims? NSW Government announces the Northern Rivers Reconstruction Corporation
We outline what you need to know about the newly established Northern Rivers Reconstruction Corporation (NRRC).
Are you aware of important changes to the Occupational Health and Safety Act 2004 concerning labour hire arrangements and limitations on insurance coverage?
Amendments to the Occupational Health and Safety Act 2004 (Vic) expand the definitions of employer and employee
Flood risks: Victorian council’s Building Act obligations & risks regarding building on allotments that are in areas liable to flooding
By Frances Hall & Vujan Krunic
We outline the obligations and risks that councils face when building on areas that are prone to flooding.