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Receiverships Act 1993

26: Persons entitled to receive reports

You could also call this:

"Who gets a copy of the receiver's report"

Illustration for Receiverships Act 1993

When a report is prepared under section 23 or section 24, you need to send a copy to certain people. You must send a copy to the grantor and to every person who the receiver was appointed to act for. You have to send the report to these people as soon as it is prepared. If the receiver was appointed by the court, they must also file a copy of the report with the court.

If someone asks for a copy of the report in writing, you must send it to them within 21 days. This can be a creditor, director, or surety of the grantor, or anyone else with an interest in the property. You can charge them for the cost of making and sending the copy.

You must also send a copy of the report to the Registrar within 7 days of preparing it. If you do not follow these rules, you can be fined up to $10,000.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM327733.

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"Asking for more time to prepare receiver reports"

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"Who can look at reports they get sent"

26Persons entitled to receive reports

  1. A copy of every report prepared under section 23 or section 24 must be sent by the person required to prepare it to—

  2. the grantor; and
    1. every person in whose interests the receiver was appointed.

      1. If the person was appointed a receiver by the court, he or she must file a copy of every report prepared under section 23 or section 24 in the office of the court.

      2. Not later than 21 days after receiving a written request for a copy of any report prepared under section 23 or section 24 from—

      3. a creditor, director, or surety of the grantor; or
        1. any other person with an interest in any of the property in receivership; or
          1. the authorised agent of any of them—
              1. and on payment of the reasonable costs of making and sending the copy, the person who prepared the report must send a copy of the report to the person requesting it.

            1. Within 7 days after preparing a report under section 23 or section 24 in relation to a grantor, the person who prepared the report must send or deliver a copy of the report to the Registrar.

            2. Every person who fails to comply with this section commits an offence and is liable on conviction to a fine not exceeding $10,000.

            Notes
            • Section 26(4): amended, on , by section 70 of the Insolvency Practitioners Regulation (Amendments) Act 2019 (2019 No 28).
            • Section 26(5): amended, on , by section 413 of the Criminal Procedure Act 2011 (2011 No 81).