Privacy for company directors

The Herald reports:

The Government is planning to scrap the requirement for company directors to make their home addresses public on the Companies Register.

It’s proposing to allow directors to put another service address online, like an address for their business or lawyer.

The aim is to better protect directors’ safety and privacy while still ensuring an address is provided for accountability, including from those owed money by the company.

Commerce and Consumer Affairs Minister Andrew Bayly is pledging to make the change as a part of a wider revamp of the Companies Act 1993.

This is a great and overdue move, one that has in the past also had several members’ bills propose.

People who have concern for their safety at home should still be able to be company directors, without having to choose between safety and being a director.

The post Privacy for company directors first appeared on Kiwiblog.