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 3:30 pm on 20 June 2010, declares that Aorangi Securities Limited, Te Tua Charitable Trust, Otipua Charitable Trust, Oxford Charitable Trust, Regent Charitable Trust, Morgan Charitable Trust, Benmore Charitable Trust, and Wai-iti Charitable Trust, and 2 associated persons of those corporations, are subject to statutory management under the Corporations (Investigation and Management) Act 1989 (the Act).
The order appoints statutory managers in respect of each of those corporations and associated persons, and empowers the statutory managers to exercise individually the powers conferred by Part 3 of the Act.