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Companies Act 1993

Schedule 12: Safe harbour provisions relating to outbreak of COVID-19

You could also call this:

"Rules to help companies during COVID-19"

This part of the law is called the Safe Harbour Provisions. It was made to help companies during the COVID-19 outbreak. You can find more information about this in the Companies Act 1993, specifically in section 138B.

The Safe Harbour Provisions have many parts, but they were all repealed on 31 May 2022. This means they are no longer part of the law.

The provisions used to talk about things like what companies they applied to, what a safe harbour period meant, and how companies could use these provisions to avoid trouble for reckless trading.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS348992.

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12Safe harbour provisions relating to outbreak of COVID-19 (Repealed) Empowered by s 138B

1Purpose of schedule (Repealed)

    Notes
    • Schedule 12 clause 1: repealed, on the close of , by section 138B(2).

    2Overview of schedule (Repealed)

      Notes
      • Schedule 12 clause 2: repealed, on the close of , by section 138B(2).

      3Interpretation (Repealed)

        Notes
        • Schedule 12 clause 3: repealed, on the close of , by section 138B(2).

        4Companies to which safe harbour provisions apply (Repealed)

          Notes
          • Schedule 12 clause 4: repealed, on the close of , by section 138B(2).

          5Meaning of safe harbour period (Repealed)

            Notes
            • Schedule 12 clause 5: repealed, on the close of , by section 138B(2).

            6Safe harbour relating to reckless trading (Repealed)

              Notes
              • Schedule 12 clause 6: repealed, on the close of , by section 138B(2).

              7Safe harbour relating to section 136 duty (Repealed)

                Notes
                • Schedule 12 clause 7: repealed, on the close of , by section 138B(2).

                8Burden of proof (Repealed)

                  Notes
                  • Schedule 12 clause 8: repealed, on the close of , by section 138B(2).

                  9Regulations relating to companies, etc, to which safe harbour provisions apply (Repealed)

                    Notes
                    • Schedule 12 clause 9: repealed, on the close of , by section 138B(2).

                    10Regulations relating to safe harbour periods (Repealed)

                      Notes
                      • Schedule 12 clause 10: repealed, on the close of , by section 138B(2).