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Companies Act 1993

Shares and debentures - Ultimate holding company

94B: Notice of ultimate holding company changes

You could also call this:

“Telling the Registrar about changes to your company's ultimate holding company”

If your company’s ultimate holding company information changes, you need to tell the Registrar about it. Your company’s board must make sure this happens. You need to use a special form that the Registrar provides.

When you tell the Registrar about the change, you must say when it happened. You also need to give the new information about your ultimate holding company. You have to do this within 20 working days after the change happens.

If your company’s board doesn’t do this, each director of your company is breaking the law. They could be found guilty of an offence and face a punishment. The punishment for this is explained in section 374(2).

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6461827.

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Part 6 Shares and debentures
Ultimate holding company

94BNotice of ultimate holding company changes

  1. The board of a company must ensure that notice (in the form and manner required by the Registrar) of any changes in the company's ultimate holding company information is delivered to the Registrar for registration.

  2. A notice under subsection (1) must—

  3. specify the date of the change; and
    1. include the new ultimate holding company information; and
      1. be delivered to the Registrar within 20 working days of the date of the change.

        1. If a board of a company fails to comply with this section, every director of the company commits an offence and is liable on conviction to the penalty set out in section 374(2).

        Notes
        • Section 94B: inserted, on , by section 11 of the Companies Amendment Act 2014 (2014 No 46).