The Ministry of Business, Innovation and Employment (MBIE) has sought feedback on whether a Director Identification Number should be introduced.

Chapman Tripp supports the proposal, subject to the important proviso that the legislation provides directors with the option of providing an address for service rather than a residential address, if that is their preference.

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The information in this article is for informative purposes only and should not be relied on as legal advice. Please contact Chapman Tripp for advice tailored to your situation.