Where it is desirable for the protection of any of the shareholders or creditors (whether secured or unsecured) of any company or companies, or for the protection of any beneficiary under any trust administered by any company, or it is otherwise in the public interest, that the provisions of this Act should apply to any company or companies, and the said shareholders or creditors or beneficiaries or the public interest cannot be adequately protected under the Companies Act 1955 or in any other lawful way, the Governor-General, on the advice of the Minister given on the recommendation of a committee appointed under section 472 of the Companies Act 1955, may, by Order in Council, declare that the provisions of this Act shall apply to that company or those companies. In this subsection the term ‘company’ means any company, whether incorporated in New Zealand or elsewhere; and includes any company that has been dissolved or struck off the register.”