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Companies Act 1993

Voluntary administration - Rights of secured creditor, owner, or lessor

239ABT: Giving notice under agreement about property

You could also call this:

“Notifying a company about property during voluntary administration”

You can still give a notice to a company about property that the company is using, occupying, or has in its possession. This is allowed even though there are rules about what you can do when a company is in voluntary administration. If you have an agreement with the company about some property, you can send them a notice about it as usual. This doesn’t go against the rules in section 239ABD.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM321573.

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Part 15A Voluntary administration
Rights of secured creditor, owner, or lessor

239ABTGiving notice under agreement about property

  1. Nothing in section 239ABD prevents a person from giving a notice to a company under an agreement relating to property that is used or occupied by, or is in the possession of, the company.

Compare
  • Corporations Act 2001 s 441J (Aust)
Notes
  • Section 239ABT: inserted, on , by section 6 of the Companies Amendment Act 2006 (2006 No 56).