Property Speaking, Autumn 2024, No 45
The new government has brought in significant changes to the property sector; we outline what these could mean for you.
RMA legislation
In December 2023, the government repealed the Natural and Built Environment Act 2023 and the Spatial Planning Act 2023, that came into force in August 2023, and were intended to replace the Resource Management Act 1991 (RMA). It has, however, retained:
- The fast-track consenting scheme which is similar to what was available during the Covid period, and
- The Spatial Planning Boards whose role is monitoring, evaluating and reporting on the effectiveness of the Act to relevant ministers.
The government has confirmed it will ensure Treaty of Waitangi settlements are upheld.
This is the first phase of a three-stage plan which intends to replace the RMA with new resource management laws.
