A government bill that consolidates numerous contract and commercial Acts into a single piece of legislation passed its third and final reading at Parliament today.
The Contract and Commercial Law Bill consolidates numerous Acts into a single piece of legislation. Photo: Supplied / The Office of the Clerk
The Contract and Commercial Law Bill brings together the rules contained in 11 different contract and commercial Acts - some of them dating back to 1908.
The Attorney-General, Christopher Finlayson, said it would make the law clearer and easier to understand.
The Contract and Commercial Law Act 2017 will come into force six months after Royal assent.
