The Parliament of New Zealand enacts as follows:
This Act is the Insolvency Amendment Act 2016.
This Act comes into force on 1 March 2017.
This Act amends the Insolvency Act 2006 (the principal Act).
In section 6, insert as subsection (2):
Part 16 of the Companies Act 1993 applies to the liquidation of companies, overseas companies, and associations within the meaning of section 2(1) of that Act; and
other bodies corporate may be put into liquidation under or in accordance with the Acts under which they are incorporated or registered.
14 September 2016
Divided from Judicature Modernisation Bill (Bill 178–2) as Bill 178–3Q
11 October 2016
17 October 2016
This Act is administered by the Ministry of Business, Innovation, and Employment.