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Companies Act 1993

Voluntary administration - Single administration of related companies in administration

239AEW: Pool companies may execute single deed of company administration

You could also call this:

“Companies in a group can sign one shared management plan”

If you are part of a group of companies that are being managed together (called a pool), you and the other companies in your pool can sign a single document. This document is called a deed of company arrangement. It allows all the companies in your pool to be managed under one plan, instead of each company having its own separate plan.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM321665.

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Part 15A Voluntary administration
Single administration of related companies in administration

239AEWPool companies may execute single deed of company administration

  1. For the purposes of the single administration of a pool, the pool companies may execute a single deed of company arrangement.

Notes
  • Section 239AEW: inserted, on , by section 6 of the Companies Amendment Act 2006 (2006 No 56).