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Charitable Trusts Act 1957

Incorporation of trust boards

25A: COVID-19 business debt hibernation may apply

You could also call this:

“Special COVID-19 rules for pausing charity debts are no longer in effect”

The law used to have a section called ‘COVID-19 business debt hibernation may apply’. This section was part of the rules about setting up trust boards for charities. However, this part of the law no longer exists. It was removed on 31 May 2022. This means that the special rules about pausing debts during COVID-19 are no longer in effect for charitable trusts.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS348948.

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25: Liquidation of a board by court, or

"A court can decide to close down a board if it's fair"

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26: Removal by Registrar, or

"How the Registrar can take a board off the list of registered boards"

Part 2 Incorporation of trust boards

25ACOVID-19 business debt hibernation may apply (Repealed)

    Notes
    • Section 25A: repealed, on the close of , by section 25A(2).