Deposit Takers Act 2023

Crisis management and resolution - No creditor or shareholder worse off - Valuer’s information-gathering power

389: Person required to give information has same privileges as witnesses in court

You could also call this:

"People giving information have the same rights as witnesses in court"

Illustration for Deposit Takers Act 2023

If you are asked to give information under this law, you have the same rights as people who testify in court. This means you can claim the same privileges as witnesses when giving that information. You are protected in the same way as if you were in a courtroom, when you are sharing information as required by this law.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS550661.


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388: Offence to fail to supply information, or

"Breaking the law by not giving information when asked"


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390: Use of information and confidentiality, or

"Keeping work secrets and using information only for your job"

Part 7Crisis management and resolution
No creditor or shareholder worse off: Valuer’s information-gathering power

389Person required to give information has same privileges as witnesses in court

  1. A person who is required to give information under this subpart has the same privileges in relation to that duty as witnesses have in a proceeding before a court.