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126K: Extension of time for compliance with improvement notices
or “The boss can give more time to fix a problem if the fixing time hasn't run out yet.”
You could also call this:

“The boss can take back a notice that tells someone to fix a problem, but they can still give a new one later if needed.”

The chief executive can take back an improvement notice they’ve given out. This means they can cancel it if they want to. Just because they take back one notice doesn’t mean they can’t give out another one for the same issue later on. If they think it’s needed, they can still give a new improvement notice about the same problem.

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Next up: 126M: Objection to improvement notice

or “If you don't agree with a notice telling you to fix something, you can ask a special group to look at it again.”
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Part 4 Administration
Improvement notices

126LChief executive may withdraw improvement notice

  1. The chief executive may withdraw an improvement notice.

  2. The withdrawal of an improvement notice does not prevent another improvement notice from being served in relation to the same matter.

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Notes
  • Section 126L: inserted, on , by section 70 of the Residential Tenancies Amendment Act 2020 (2020 No 59).