This note is not part of the order, but is intended to indicate its general effect.
This order, which comes into force on 4 November 2013, exempts Foodstuffs South Island Limited from sections 209 to 209B, and paragraph (i) of Schedule 4, of the Companies Act 1993. The exemption applies to redeemable preference shares, class B redeemable shares, retained patronage shares, and trading deposit shares issued by the company.
The provisions in the Companies Act 1993 that the company is exempted from require the board to—
send a copy of the annual report to every shareholder, unless that right is waived by a shareholder (section 209); and
send a copy of the annual report or concise annual report to every shareholder who requests it (section 209A); and
make available in electronic format copies of its annual report or concise annual report (section 209B); and
include shareholder details in its annual return (paragraph (i) of Schedule 4).
This order replaces and revokes the Co-operative Companies (Foodstuffs (South Island) Limited) Exemption Order 1998.
Date of notification in Gazette: 3 October 2013.
This order is administered by the Ministry of Business, Innovation, and Employment.