Glossary

  • Due Diligence

    Investigating a person or company to confirm all the details are correct and the subject is meeting the requirements of an agreement. In the workplace, an employee may need to demonstrate due diligence and prove they are meeting the Work Health and Safety requirements.

    Due diligence can be a voluntary investigation or a legal requirement. While it is a legal requirement for WorkSafe New Zealand to carry out due diligence on a workplace, in a business transaction the process may be optional and instead be done to increase buyer confidence.

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