External Compliance Requirements of Organisations Flashcards

A set of flashcards covering key external compliance requirements, relevant legislation, and regulatory bodies for organizations in New Zealand.

According to the lecture, what are external compliance requirements?

Regulations and standards imposed by outside entities—like governments, industry bodies, or international organizations.

What specific piece of legislation governs Health and Safety in the workplace?

Health and Safety at Work Act 2015

Which three acts must organisations comply with regarding Employment Law?

Employment Relations Act 2000, Minimum Wage Act 1983, and Holidays Act 2003.

What tool is mentioned to help organisations stay compliant with employment agreements?

Employment Agreement Builder

Under the Privacy Act 2020, what three actions must organisations take regarding personal data?

Protect personal data, notify breaches, and allow individuals access to their data.

Which entities oversee Tax and Financial Reporting obligations, and what specific taxes are mentioned?

Inland Revenue and Companies Office; obligations include GST, PAYE, and income tax.

Which act covers waste disposal, emissions, and sustainable practices in New Zealand?

Resource Management Act 1991

For food businesses, which organization sets the food safety standards?

MPI (Ministry of Primary Industries)

Which two acts govern consumer protection to ensure businesses provide goods of acceptable quality and do not engage in misleading conduct?

Consumer Guarantees Act and Fair Trading Act

What 1993 act sets the requirements for company registration, governance, and maintaining accurate records?

Companies Act 1993