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Companies Act 1993

Accounting records and financial reporting - Financial reporting - Registrar may grant exemptions to overseas companies

207N: Consultation

You could also call this:

“The Registrar may consult others when making decisions about exemptions”

When deciding whether to grant, change, or cancel an exemption under [section 207L], the Registrar can choose to talk to anyone they think is appropriate. However, if the exemption involves anything from [section 201] or [section 202], the Registrar must talk to the Commissioner of Inland Revenue. This means the Registrar has some freedom in who they consult, but in specific cases, they have to consult with a particular person.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6041589.

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207M: Publication and status of exemptions, or

“Removed section about publishing and enforcing overseas company exemptions”

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207O: Exemption may apply to accounting period before exemption is granted, or

“Exemptions can cover past accounting periods if granted before financial statements are due”

Part 11 Accounting records and financial reporting
Financial reporting: Registrar may grant exemptions to overseas companies

207NConsultation

  1. In deciding whether or not to grant, amend, or revoke an exemption under section 207L, the Registrar—

  2. may consult with any persons or organisations that the Registrar thinks fit; but
    1. must consult with the Commissioner of Inland Revenue if the exemption involves any provision of section 201 or 202.

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      Notes
      • Section 207N: inserted, on , by section 30 of the Financial Reporting (Amendments to Other Enactments) Act 2013 (2013 No 102).