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John Armstrong continues as a consultant to the firm, but has expressed a strong desire to further reduce the time he spends at the office. He is currently holidaying in the UK and France and will not be back in New Zealand until towards the end of June.
He will be spending only 2 days a week at the office from the time of his return and any clients wishing to see him on those days will need to make an appointment through our receptionist to do so. The days may vary from time to time, so an appointment really is necessary.
Of course, many of John’s clients have had professional dealings with others of us in the firm, and you are welcome to contact us for assistance while John is away, or if urgent matters crop up that need attention on days when John is not here. |
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The Partners of Davidson Armstrong & Campbell advise that Lincoln Reid resigned from the Partnership effective as of 31st March 2010.
Although we are disappointed that Lincoln has decided that his future lies elsewhere, he goes with our best wishes for the future, both for himself and for his family.
If you have any concerns about who is to look after your affairs, please do not hesitate to contact the solicitor in the firm with whom you dealt prior to Lincoln coming on board, or contact any of the firm’s solicitors.
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DAVIDSON ARMSTRONG & CAMPBELL SOLICITOR NOMINEE COMPANY LIMITED - INTEREST RATES
The current rate of interest remains at 6.0%. There have been a number of repayments during the last 3 months, due mainly to the sale of properties. Funds from the repayments have been put on day-by-day deposit at an interest rate currently above 4.0%.
The Nominee Company has started lending again. Applications for finance have increased rapidly over the last month. The process of accepting a proposal has been reviewed, making sure the borrower’s credentials are totally to our satisfaction.
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From 1 August 2008, all lawyers will be subject to a new set of rules and requirements under the Lawyers and Conveyancers Act 2006.
read more...
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| RYLA 2010 - ROTARY DISTRICT 9930
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Melissa Wiggins has worked at DAC since February 2009 as Juliet’s PA. DAC staff have in previous years attended similar courses under the sponsorship of Waipukurau Rotary. Melissa shares her experience with us.
“In April 2010 I was lucky enough to attend the Rotary Youth Leadership Course through our local Rotary club with Shane Wilson. Together with 40 other developing leaders from the Central North Island we had the most incredible week.
RYLA was based at Epworth Camp, Lake Karapiro. We had a jam packed week with carefully planned activities to teach us about leadership, how we can make the most out of every situation and how to step up as future leaders.
 Our week was full on with team building activities, rock n roll dance classes, class room activities, guest speakers and workshops, as well as a number of outdoor activities which included high ropes, raft building, archery, movie making, caving, abseiling and rock climbing.”
“A big thanks to DAC Legal and Rotary for offering this amazing and rewarding experience.”
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| Davidson Armstrong & Campbell
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From small beginnings this country law firm has developed into a modern and wide-ranging practice which offers its national and international clients 21st Century legal services.
Today, DAC is a prominent legal firm in Central Hawke's Bay, with 6 lawyers (4 partners), each contributing their specialist knowledge, plus 2 experienced legal executives and around 12 support staff.
This is a tight-knit team, respected for its energy, innovation and wise advice.
Davidson Armstrong & Campbell and their predecessors are part of the region's history, and will continue to contribute to its growth and prosperity. read more...
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| RESIDENT WITHHOLDING TAX - RATES
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From 1st april 2010, the following rates will apply to Resident Withholding Tax which is deducted from investments through Davidson Armstrong & Campbell Solicitors Nominee Co, and Davidson Armstrong & Campbell trust account.
| Income |
RWT Rate |
| $0.00-$14,000 |
12.5% |
| $14,001-$48,000 |
21.00% |
| $48,001-$70,000 |
33.0% |
| $70,001 and above |
38.0% |
We would ask all clients who use our investment facilities to either
phone (858 6660), or email stephens@daclegal.co.nz their
preference prior to 31st March 2010.
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RESIDENTIAL CARE SUBSIDY
The Residential Care Subsidy offers financial help towards the cost of long-term residential care for people in rest homes and hospitals. Generally, the amount of subsidy is the difference between the cost of care and the amount a person is required to contribute towards their care....read article
NEW REAL ESTATE AGENTS ACT 2008
The Real Estate Agents Act 2008 (“the Act”) is now in force and establishes a new regulatory regime for people working in the real estate industry. The purpose of the Act is to protect the interests of consumers and to promote public confidence in the performance of real estate agency work....read article
PROPORTIONATE OWNERSHIP SCHEMES
A number of commercial property syndicates have been launched in recent months and it is likely that more will follow. They will be of interest to investors wanting to receive a good return from investment in quality commercial real estate....read article
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| 2010 Midlands HB Charity Wine Auction
Date: 5th June 2010
Venue: Tom McDonald Cellar
Location: Church Road Winery, Taradale
“This is the second time Piera has been chosen as the wine auction artist, she was the selected artist in 1993 when her painting “The Winetasting” sold for a then record amount of $6100” says Graeme Milne Cranford Hospices fundraising, communications and marketing manager. “She commands such a strong following that it made sense for us to engage her once again.”
The painting will be on display at 20 participating wineries over the next six months.
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| Waipawa 150th Celebrations Grand Gala DayDate: 2010
Venue: Waipawa Township
Location: Waipawa
Contact: (06) 835 0022, Email; weekend@artdeconapier.com
13 March: Guided Historic Walks to Waipawa's oldest homes.
27 March: Mary Glover Bibby Painting Exhibition & Joy Cowley Book Launch
3 April: Waipawa Golf Tournament
24-25 April: Waipawa Snooker Tournament
7-9 May: Cold Duck Motor Bike Rally & Thunder Ride
9 October: Waipawa's Spring Festival and Duck Race
9 October: 'Through the Ages' Ball
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