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Fair Trading Act 1986

Enforcement and remedies - Management banning orders

46D: Terms of management banning orders

You could also call this:

"Rules to stop people managing businesses in New Zealand"

Illustration for Fair Trading Act 1986

If a management banning order is made against you, it means you are not allowed to be a director of, or help manage, a business in New Zealand without the District Court's permission. This order can last for a certain period, which is no more than 10 years. You are not allowed to be involved in the management of any incorporated or unincorporated body that carries on business in New Zealand during this time.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM5838506.

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Topics:
Business > Industry rules
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46C: Management banning orders, or

"Courts can stop people from managing businesses if they break fair trading rules"

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46E: Offence to breach management banning order, or

"Breaking a management banning order is against the law"

Part 5Enforcement and remedies
Management banning orders

46DTerms of management banning orders

  1. A management banning order must prohibit the person to whom it applies from being, without the leave of the District Court, a director of, or being in any way (whether directly or indirectly) concerned in or taking part in the management of, an incorporated or unincorporated body that carries on business in New Zealand, for a period specified in the order, which must be no more than 10 years.

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Notes
  • Section 46D: inserted, on , by section 35 of the Fair Trading Amendment Act 2013 (2013 No 143).
  • Section 46D: amended, on , by section 261 of the District Court Act 2016 (2016 No 49).