New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) The registers kept under paragraphs (a) to (d) of section 51(1) shall, except when duly closed (but subject to such reasonable restrictions as the issuer may impose, so that not less than 2 hours in each day shall be allowed for inspection), be open to the inspection of any holder of the securities without fee, and of any other person on payment of the prescribed fee.
(2) The registers kept under paragraphs (e) and (f) of section 51(1) shall, except when duly closed (but subject to such reasonable restrictions as the issuer may impose, so that not less than 2 hours in each day shall be allowed for inspection), be open to the inspection of a holder of securities in respect of the securities of that holder without fee.
(3) Any person may require a copy of a register kept under paragraphs (a) to (d) of section 51(1), or any part of the register, on payment of the prescribed fee.
(4) A holder of securities may require a copy of that part of a register kept under paragraph (e) or paragraph (f) of section 51(1) that relates to the securities of that holder on payment of the prescribed fee.
(5) For the purposes of this section, a register shall be deemed to be duly closed if closed in accordance with provisions contained in the rules of the issuer or in the securities or any trust deed or deed of participation relating to the securities, during a period or periods not exceeding in aggregate 30 days in any year.
(6) Nothing in this section derogates from the Life Insurance Act 1908 or the Companies Act 1993.
Section 52: substituted, on 1 October 1997, by section 24 of the Securities Amendment Act 1996 (1996 No 100).
Section 52(6): amended, on 15 April 2004, by section 19 of the Securities Amendment Act 2004 (2004 No 31).
