Lawyers and Conveyancers Act 2006

Miscellaneous provisions - Transitional provisions relating to dissolution of District Law Societies

382: Certain matters not affected by transfer of assets and liabilities

You could also call this:

"Transferring assets and liabilities does not cancel contracts or rules you must follow."

Illustration for Lawyers and Conveyancers Act 2006

When assets and liabilities are transferred, you do not break any contracts or rules. You are not doing anything wrong when this happens. This transfer does not let you cancel contracts or stop doing what you agreed to do. You still have to follow the law and rules when assets and liabilities are transferred. This transfer does not mean you can stop following these rules. You are still responsible for the things you agreed to do. The transfer of assets and liabilities does not change your obligations. You are still responsible for your actions and agreements. This transfer does not let you out of any contracts or agreements you have made.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM367890.

This page was last updated on 4 January 2026 — View changes

Topics:

Business > Industry rulesMoney and consumer rights > Consumer protection

381: Solicitor's records and documents, or

"What happens to a solicitor's records when a law group closes down"

383: Employees, or

"What happens to employees when a District Law Society changes hands"

Part 11Miscellaneous provisions
Transitional provisions relating to dissolution of District Law Societies

382Certain matters not affected by transfer of assets and liabilities

Nothing effected or authorised by this Act—
is to be regarded as placing a District Law Society, or an incorporated society, or the New Zealand Law Society, or any other person in breach of contract or confidence or as otherwise making any of them guilty of a civil wrong; or
is to be regarded as giving rise to a right for any person to terminate or cancel any contract or arrangement or to accelerate the performance of any obligation; or
is to be regarded as placing the District Law Society, or an incorporated society, or the New Zealand Law Society, or any other person in breach of any enactment or rule of law or contractual provision prohibiting, restricting, or regulating the assignment or transfer of any property or the disclosure of any information; or
is to release any surety wholly or in part from any obligation; or
is to invalidate or discharge any contract or security.