Plain language law

New Zealand law explained for everyone

Companies Act 1993

Voluntary administration - Deed administrator

239ACF: Appointment of deed administrator must not be revoked

You could also call this:

“You can't remove a deed administrator once they're appointed”

When someone is appointed as a deed administrator, you can’t change your mind and remove them from that role. The only way a deed administrator can be removed is if a court decides to do so. This rule helps make sure that the person managing the deed stays in charge and can do their job properly.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM321587.

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239ACEA: Requirements for interests statement, or

“What deed administrators must disclose about their interests and potential conflicts”

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239ACG: Appointment of 2 or more deed administrators, or

“Multiple people can be appointed as deed administrators and work together or separately”

Part 15A Voluntary administration
Deed administrator

239ACFAppointment of deed administrator must not be revoked

  1. Except in the case of removal by the court, the appointment of the deed administrator must not be revoked.

Compare
  • Corporations Act 2001 s 449A (Aust)
Notes
  • Section 239ACF: inserted, on , by section 6 of the Companies Amendment Act 2006 (2006 No 56).