NSW Minister has confirmed the NSW Modern Slavery Act is under review and could be canned
The confusion and uncertainty surrounding the NSW Modern Slavery Act looks set to be clarified with the relevant NSW Minister referring the NSW legislation to the Standing Committee on Social Issues for review.
We have been assisting many clients prepare for the Commonwealth Modern Slavery Act which is already in force and requires large organisations to report annually on mandatory issues (such as due diligence and remediation processes taken to address the risk of modern slavery in their supply chains).
For more information download our Practical Guide.
However, confusion and concern has surrounded the application and development of the NSW Modern Slavery Act, which is not yet in force but was ‘expected to commence on 1 July’. Instead, developments in NSW Parliament have made it clear that the NSW Modern Slavery Act will not commence in July but will instead be reviewed.
To read our full analysis on this, click here.
Third-party payments and unfair preference claims- effective shield or not?
By Sam Kingston & Isabella Pierri
Unsecured creditors receiving payments in the current COVID-19 induced economic climate clearly do so at a heightened...
Ask and you may receive - creditors’ rights to information and call meetings
By Sam Kingston & Mathew Gashi
When is an external administrator obliged to respond to requests from creditors to access information and call meetings?...
Year-end earnings surprises and continuous disclosure: COVID-19 impact
With the financial year end (or half year) looming for many companies and the impact of COVID-19 over the last few...
Government decision makers should think twice before jumping on the ban-wagon: lessons from the Brett Cattle class action
Judgement potentially lowers bar for those impacted by government decisions to claim an unlawful exercise of power