Limited Partnerships Act Amendment Order 2008

2008/172

Crest

Limited Partnerships Act Amendment Order 2008

Anand Satyanand, Governor-General

Order in Council

At Wellington this 23rd day of June 2008  

Present:
His Excellency the Governor-General in Council

Pursuant to section 114(5) of the Limited Partnerships Act 2008, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following order.

Order

1 Title
  • This order is the Limited Partnerships Act Amendment Order 2008.

2 Commencement
  • This order comes into force on 24 July 2008.

3 Liquidation of overseas limited partnership
  • Section 114(1) of the Limited Partnerships Act 2008 is amended by omitting the assets in New Zealand of.

Rebecca Kitteridge,
Clerk of the Executive Council.

Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order comes into force on 24 July 2008, the same date on which the Insolvency (Cross-border) Act 2006 comes into force. That Act amends the terminology used in the Companies Act 1993 to refer to the liquidation of an overseas company. In anticipation of that change, Section 114(1) of the Limited Partnerships Act 2008 made provision for a corresponding amendment, to be made by Order in Council, to the Limited Partnerships Act 2008 in relation to an overseas limited partnership. This order now makes that amendment.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 26 June 2008.

This order is administered by the Ministry of Economic Development.