About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Monday, December 10th, 10:20PM
rss
Latest Headlines

Asbestos duties clarified

Residential landlords unsure of their obligations when it comes to asbestos can now breathe easier with the release of a policy clarification from WorkSafe.

Monday, May 28th 2018, 11:00AM

by Miriam Bell

The Health and Safety at Work (Asbestos) Regulations 2016 came into effect in April and they mean there are new rules for residential landlords when it comes to asbestos.

Under the new rules, property owners with a property which is operating as a workplace must not only identify whether asbestos is present, but have an asbestos management plan in place.

However, there has been some confusion over what exactly this means for residential landlords.

In response, WorkSafe has now released a policy clarification which details when residential landlords are required to identify asbestos and prepare an asbestos management plan.

It says that landlords must identify asbestos and document plans for managing its risks in an asbestos management plan, if there is a risk of exposure to respirable asbestos fibres from work being carried out on the property.

Exposure is likely to occur from dust created when drilling or cutting into asbestos-containing materials so the types of work that create risk may include renovations, refurbishments or demolition work.

But WorkSafe has clarified that the duty only applies when a landlord is planning and carrying out work to their property and to the area relevant to the work creating a risk of exposure.

Landlords also have to ensure they co-ordinate and co-operate on these duties with other people involved in any such work, such as property managers and building contractors.

REINZ chief executive Bindi Norwell says clarity was needed because the wording of the legislation suggested that every residential rental property built before the year 2000 would require a comprehensive asbestos management plan.

“If this was the case, it would be a prohibitive cost for most landlords.”

But WorkSafe’s clarification means that asbestos management plans are not automatically required for all rental properties – instead they’ll only be required if work on a property which creates a risk is planned, she says.

“As asbestos management plans can cost thousands of dollars, today’s news will be a welcome relief to landlords and property managers.

“No doubt tenants will be relieved too, as this could have seen landlords seeking to offset some of the cost through rental increases.”

*WorkSafe’s asbestos guidance for landlords and property managers can be read here.

Read more:

Time to tackle asbestos

Safe as houses 

« Regulate property managers - REINZMeth relief for landlords »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
Subscribe Now

Mortgage Rates Newsletter

Daily Weekly

Previous News

MORE NEWS»

Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.79 4.55 4.79 4.99
ANZ Special - 4.05 4.29 4.49
ASB Bank 5.80 4.44 4.69 4.89
ASB Bank Special - 3.95 4.29 4.49
BNZ - Mortgage One 6.50 - - -
BNZ - Rapid Repay 5.95 - - -
BNZ - Special - 4.10 4.29 4.49
BNZ - Std, FlyBuys 5.90 4.69 4.79 4.99
BNZ - TotalMoney 5.90 - - -
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.15 5.20 5.25 -
Lender Flt 1yr 2yr 3yr
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.70 4.85 -
Housing NZ Corp 5.80 4.69 4.79 4.79
HSBC Premier 5.89 3.99 4.19 4.69
HSBC Premier LVR > 80% - 3.79 - -
HSBC Special - - - -
Lender Flt 1yr 2yr 3yr
ICBC 5.80 4.59 4.69 5.09
Kiwibank 5.80 4.55 4.69 4.99
Kiwibank - Capped - - - -
Kiwibank - Offset 5.80 - - -
Kiwibank Special - 4.05 4.29 4.49
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 6.10 5.10 5.45 -
Resimac 5.30 4.86 4.94 5.30
RESIMAC Special - - - -
SBS Bank 5.89 4.85 5.05 4.49
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 4.19 3.95 4.49
Sovereign 5.90 4.45 4.69 4.89
Sovereign Special - 3.95 4.29 4.49
The Co-operative Bank - Owner Occ 5.75 4.10 4.35 4.49
The Co-operative Bank - Standard 5.75 4.60 4.85 4.99
TSB Bank 5.80 4.45 4.69 4.99
TSB Special - 3.95 4.19 4.49
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.95 4.69 4.79 5.19
Westpac - Offset 5.95 - - -
Westpac Special - 4.15 4.29 4.59
Median 5.89 4.50 4.69 4.79

Last updated: 2 December 2018 8:39pm

News Quiz

The maximum remuneration model for Australian life insurance advisers is to be set at what?

Upfront 40% + trail 20%

Upfront 50% + trail 10%

Upfront 50% + trail 20%

Upfront 60% + trail 10%

Upfront 60% + trail 20%

MORE QUIZZES »

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com