ANALYSIS: The commercial implications property owners need to know from the Government’s proposed changes to New Zealand’s earthquake-prone building regime.
Ruined buildings after the 7.1 magnitude earthquake on September 4, 2010, in Christchurch.
New Zealand is preparing to significantly scale back earthquake-prone building requirements, with proposed law changes expected to remove thousands of buildings from mandatory seismic strengthening rules.
For many property owners, that will be welcome news. Seismic compliance has become one of the