Companies Act 1993
Summary of changes
These summaries explain recent changes to the law. They are generated by AI comparing versions of the legislation, so they might oversimplify, miss details, or get things wrong. Learn more about how we track these changes.
20 May 2025
- Minor formatting changes and addition of empowering provision references were made to various schedules
- The maximum priority amount for employee claims in preferential claims was increased
- An update was made to a provision to reflect a change in the referenced Act
- A new list of classes of persons that may be subject to a levy was added to Schedule 15
- Empowering provision references were added to the titles of several schedules
Affected provisions
- 1AA: Transitional, savings, and related provisions Empowering provision references were added to the titles of several schedules
- 2: Sections of this Act that confer powers on directors that cannot be delegated Minor formatting changes and addition of empowering provision references were made to various schedules
- 3: Proceedings of the board of a company Minor formatting changes and addition of empowering provision references were made to various schedules; Empowering provision references were added to the titles of several schedules
- 4: Information to be contained in annual return Minor formatting changes and addition of empowering provision references were made to various schedules
- 5: Proceedings at meetings of creditors Minor formatting changes and addition of empowering provision references were made to various schedules
- 6: Powers of liquidators Minor formatting changes and addition of empowering provision references were made to various schedules; Empowering provision references were added to the titles of several schedules
- 7: Preferential claims The maximum priority amount for employee claims in preferential claims was increased
- 8: Proceedings at meetings of liquidation committees Minor formatting changes and addition of empowering provision references were made to various schedules; Empowering provision references were added to the titles of several schedules
- 10: Interest class: principles Minor formatting changes and addition of empowering provision references were made to various schedules; Empowering provision references were added to the titles of several schedules
- 11: Liquidation of associations Minor formatting changes and addition of empowering provision references were made to various schedules; Empowering provision references were added to the titles of several schedules
- 12: Safe harbour provisions relating to outbreak of COVID-19 Minor formatting changes and addition of empowering provision references were made to various schedules; Empowering provision references were added to the titles of several schedules
- 13: COVID-19 business debt hibernation Minor formatting changes and addition of empowering provision references were made to various schedules; Empowering provision references were added to the titles of several schedules
- 15: Registered persons that may be subject to levy A new list of classes of persons that may be subject to a levy was added to Schedule 15
- 398: Act subject to application of Cape Town Convention and Aircraft Protocol An update was made to a provision to reflect a change in the referenced Act
24 May 2025
- The provision related to information for shareholders who elect not to receive annual reports has been updated to reflect its repealed status
Affected provisions
- 210: Information for shareholders who elect not to receive annual report The provision related to information for shareholders who elect not to receive annual reports has been updated to reflect its repealed status
15 July 2025
- Repeal of provisions related to annual reports and financial statements for certain companies
- Amendment to orders to enforce liquidator's duties to include the Reserve Bank of New Zealand
Affected provisions
- 210: Information for shareholders who elect not to receive annual report Repeal of provisions related to annual reports and financial statements for certain companies
- 211A: Obligations to prepare and make available annual reports or financial statements do not apply to non-active companies Repeal of provisions related to annual reports and financial statements for certain companies
- 286: Orders to enforce liquidator's duties Amendment to orders to enforce liquidator's duties to include the Reserve Bank of New Zealand
9 September 2025
- Repeal of provisions related to annual reports and company obligations
- Repeal of provisions related to company administration and misconduct reporting
- Repeal of transitional provisions related to voidable transactions
- Repeal of COVID-19 related provisions providing safe harbour for directors and business debt hibernation
Affected provisions
- 138B: Safe harbour for directors relating to effects of COVID-19 Repeal of COVID-19 related provisions providing safe harbour for directors and business debt hibernation
- 210: Information for shareholders who elect not to receive annual report Repeal of provisions related to annual reports and company obligations
- 211A: Obligations to prepare and make available annual reports or financial statements do not apply to non-active companies Repeal of provisions related to annual reports and company obligations
- 239AI: Administrator must report misconduct Repeal of provisions related to company administration and misconduct reporting
- 258B: Registrar may supply report to FMA Repeal of provisions related to company administration and misconduct reporting
- 316A: Transitional provision in relation to voidable transactions Repeal of transitional provisions related to voidable transactions
- 361: Registrar may direct transfer Repeal of provisions related to company administration and misconduct reporting
- 395A: COVID-19 business debt hibernation Repeal of COVID-19 related provisions providing safe harbour for directors and business debt hibernation
- 395B: Regulations relating to COVID-19 business debt hibernation Repeal of COVID-19 related provisions providing safe harbour for directors and business debt hibernation