Deposit Takers Act 2023

Crisis management and resolution - No creditor or shareholder worse off - Appeals

393: Appeals to Court of Appeal

You could also call this:

"Asking a higher court to review a decision about a law problem"

Illustration for Deposit Takers Act 2023

If you are a party to an appeal under section 391, you can appeal to the Court of Appeal. You need to get the Court of Appeal's permission to do this, and you can only appeal about a decision the High Court made on a question of law. The Court of Appeal has the same power to make a decision on your appeal as the High Court did. You can think of the Court of Appeal as a higher court that can review the decision made by the High Court.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS553179.


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392: Time for bringing appeal, or

"You have 3 months to appeal after a final report is published."


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394: No limit on judicial review, or

"Courts can still review decisions even if this law doesn't limit them"

Part 7Crisis management and resolution
No creditor or shareholder worse off: Appeals

393Appeals to Court of Appeal

  1. A party to an appeal under section 391 may appeal to the Court of Appeal, with the leave of the Court of Appeal, against any determination of the High Court on a question of law arising in that appeal.

  2. The Court of Appeal hearing an appeal under this section has the same power to adjudicate on the appeal as the High Court had.