Part 18 Overseas companies
335Validity of transactions not affected
A failure by an overseas company to comply with section 333 or section 334 does not affect the validity or enforceability of any transaction entered into by the overseas company.
If an overseas company doesn’t follow the rules in section 333 or section 334, it doesn’t mean their deals are invalid or can’t be enforced. Even if the company didn’t do what it was supposed to do, any agreement or transaction they made is still valid and can still be carried out. This means that the company’s failure to follow these rules doesn’t affect the deals they’ve made with other people or businesses.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM322867.
A failure by an overseas company to comply with section 333 or section 334 does not affect the validity or enforceability of any transaction entered into by the overseas company.