Companies Amendment Act 2015

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Coat of Arms of New Zealand

Companies Amendment Act 2015

Public Act
 
2015 No 97
Date of assent
 
6 November 2015
Commencement
 
see section 2

The Parliament of New Zealand enacts as follows:

1 Title

This Act is the Companies Amendment Act 2015.

2 Commencement

This Act comes into force on the day after the date on which it receives the Royal assent.

3 Principal Act

This Act amends the Companies Act 1993 (the principal Act).

4 Section 194 amended (Accounting records must be kept)

After section 194(1), insert:

(1A)

For the purpose of subsection (1), the transactions of the company include any transaction that constitutes an act of the type described in section 105C(3) of the Crimes Act 1961.

5 Section 366 amended (Disclosure of information and reports)

In section 366(1B) (as inserted by section 49(3) of the Companies Amendment Act 2014), definition of law enforcement purposes, replace paragraph (b)(v) with:

(v)

any offence that is punishable by imprisonment for a term of 5 years or more and includes any act, wherever committed, that if committed in New Zealand would constitute an offence punishable by imprisonment for a term of 5 years or more:

Legislative history

21 October 2015

Divided from Organised Crime and Anti-corruption Legislation Bill (Bill 219–2) as Bill 219–3C

4 November 2015

Third reading

6 November 2015

Royal assent

This Act is administered by the Ministry of Business, Innovation, and Employment.