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Overseas Investment Act 2005

National security and public order risks management regime - Risk management actions - Statutory management

108: Powers to obtain documents and information

You could also call this:

"Getting documents and information when in charge of a company"

Illustration for Overseas Investment Act 2005

When you are a statutory manager, you have the same powers as a liquidator of a company. You can use these powers to get documents and information, just like a liquidator would. You can do this in the same way as a liquidator, by following the rules in sections 261 to 267 of the Companies Act 1993.

You can also use section 373(3) of the Companies Act 1993, with some changes, to help you get the documents and information you need. This means you have the power to ask for and get the information you require.

As a statutory manager, you can exercise these powers to get the documents and information you need, just like a liquidator would in a company liquidation.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS359035.

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Part 3National security and public order risks management regime
Risk management actions: Statutory management

108Powers to obtain documents and information

  1. A statutory manager has, and may exercise, all of the powers conferred on a liquidator of a company by sections 261 to 267 of the Companies Act 1993 in the same manner as if the statutory manager were the liquidator of a company in liquidation under that Act (and, for that purpose, section 373(3) of that Act applies with all necessary modifications).

Notes
  • Section 108: inserted, on , by section 52 of the Overseas Investment (Urgent Measures) Amendment Act 2020 (2020 No 21).