Plain language law

New Zealand law explained for everyone

 Plain Language Law homepage
Back to
207ZA: Procedural requirements for infringement notices
or “How you'll be notified and what information you'll receive if you break company record-keeping rules”
You could also call this:

“How fines for breaking company rules are paid to the government”

When someone pays an infringement fee, the Registrar must put all of this money into a Crown Bank Account. This means that when you pay a fine for breaking a rule under this part of the Companies Act, the money goes to the government. The Registrar is the person in charge of managing these payments, and they have to make sure all the money goes to the right place.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

Next up: 208: Obligation to prepare annual report

or “Companies must create a yearly report on their activities”
Next

Part 11 Accounting records and financial reporting
Infringement offence for failing to register financial statements

207ZBPayment of infringement fee

  1. The Registrar must pay all infringement fees received into a Crown Bank Account.

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