Leaky Homes Financial Assistance Bill Moving Through The House
New Laws is pleased to bring you an update on a Bill making its way through the house which will assist owners of leaky homes. Prior to Christmas 2010, Building and Construction Minister Maurice Williamson announced that the Weathertight Homes Resolution Service (Financial Assistance Package) Amendment Bill had its firsdt reading in the house on December 9 before being referred to the Local Government and environment select committee.
As is usually the case, submissions were invited and were to close on February 18. With events surrounding the Christchurch Earthquake on February 22nd, further progress with the Bill will no doubt have stalled somewhat while more pressing and important matters are attended to.
New laws advises that the bill, will provide a financial assistance package for owners of leaky homes will see contributions toward the cost of repairs to leaky homes of 25% by a Government fund to be established for the purpose as well as a further 25% by the relevant local authority, provided that it signed off on the original work.
“The Government’s Weathertight Homes Financial Assistance Package will reduce the time and money wasted in disputes so that more money goes to actually repairing leaky homes,” Mr Williamson says.
The package is new to New Zealand laws and is additional to disputes and litigation processes already in progress. If you have any query on this area or any of the other new laws making their way through the house of Parliament we suggest that your contact your experienced Christchurch Lawyer.
For more information on the financial assistance package visit www.dbh.govt.nz