Part 7Crisis management and resolution
Resolution manager: Appointment of resolution manager
366Licensed deposit taker continues to be in resolution
A licensed deposit taker continues to be in resolution even though the term of office of a resolution manager who is acting in relation to the resolution has expired or the resolution manager—
- has had their appointment terminated; or
- has resigned from office; or
- has died; or
- has ceased to hold office because of the expiry of their period of appointment; or
- has otherwise ceased to hold office.
Compare
- 1989 No 157 s 141(5)


