Corporations (Investigation and Management) Order 2012


Coat of Arms of New Zealand

Corporations (Investigation and Management) Order 2012

Jerry Mateparae, Governor-General

Order in Council

At Wellington this 14th day of May 2012

His Excellency the Governor-General in Council

Pursuant to section 62 of the Corporations (Investigation and Management) Act 1989, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following order.


1 Title
  • This order is the Corporations (Investigation and Management) Order 2012.

2 Commencement
  • This order comes into force at 8 am on 14 June 2012.

3 Termination of statutory management of corporations named in Schedule
  • The corporations named in the Schedule cease to be subject to statutory management at 8 am on 14 June 2012.

4 Revocation

Corporations ceasing to be subject to statutory management

cl 3

Idea Services Limited

Timata Hou Limited

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, which comes into force at 8 am on 14 June 2012 (the specified time), removes 2 companies from statutory management under the Corporations (Investigation and Management) Act 1989 (the Act). The companies were made subject to statutory management at 8 am on 5 October 2010 by the Corporations (Investigation and Management) Order (No 4) 2010 (SR 2010/349), which is revoked by this order.

The effect of this order is that, in accordance with section 62(3) of the Act, at the specified time,—

  • both companies named in the order cease to be subject to statutory management; and

  • the appointment of the statutory manager in respect of those companies terminates; and

  • the appointments of the members of the advisory committee for the statutory management of those companies terminate.

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

Date of notification in Gazette: 17 May 2012.

This order is administered by the Ministry of Economic Development.