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Companies Act 1993

Voluntary administration - Miscellaneous

239AEF: Interruption of time for doing act

You could also call this:

“Extra time given when law prevents meeting deadlines”

If you need to do something by a certain time or within a specific period, but this law stops you from doing it on time, you get extra time. The extra time you get is the same as the time this law stopped you from doing the task. This rule helps make sure you’re not unfairly penalised when the law itself prevents you from meeting a deadline.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM321646.

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239AEG: Mutual credit and set-off, or

“Balancing debts and credits between a company and its creditors under a deed of company arrangement”

Part 15A Voluntary administration
Miscellaneous

239AEFInterruption of time for doing act

  1. If there is a time before which, or a period during which, an act for any purpose may or must be done, and this Act prevents the act from being done in time, then the time or period in question is extended by the period during which this Act prevents the act from being done in time.

Compare
  • Corporations Act 2001 s 451D (Aust)
Notes
  • Section 239AEF: inserted, on , by section 6 of the Companies Amendment Act 2006 (2006 No 56).