Corporations (Investigation and Management) Order 2024
Corporations (Investigation and Management) Order 2024
Corporations (Investigation and Management) Order 2024
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2024/171

Corporations (Investigation and Management) Order 2024
Cindy Kiro, Governor-General
Order in Council
At Wellington this 26th day of August 2024
Present:
Her Excellency the Governor-General in Council
This order is made under sections 61 and 62 of the Corporations (Investigation and Management) Act 1989 on the advice and with the consent of the Executive Council.
Order
1 Title
This order is the Corporations (Investigation and Management) Order 2024.
2 Commencement
This order comes into force on 30 September 2024.
3 Termination of statutory management of Gwin Corporation Limited
Gwin Corporation Limited ceases to be subject to statutory management at 1 am on 30 September 2024.
4 Revocation
The Corporations (Investigation and Management) Order (No 2) 1994 (SR 1994/234) is revoked.
5 Liquidator of Gwin Corporation Limited
The Official Assignee is appointed as the liquidator of Gwin Corporation Limited under section 61(3) of the Corporations (Investigation and Management) Act 1989.
Rachel Hayward,
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 on 30 September 2024, removes Gwin Corporation Limited from statutory management under the Corporations (Investigation and Management) Act 1989 (the Act).
The effect of this order is that, in accordance with sections 61(3) and 62(3) of the Act, at 1 am on 30 September 2024,—
Gwin Corporation Limited ceases to be subject to statutory management and the appointment of its statutory managers terminates:
the Official Assignee becomes the liquidator of Gwin Corporation Limited.
This order also revokes the Corporations (Investigation and Management) Order (No 2) 1994, which placed Gwin Corporation Limited into statutory management in 1994. That order also placed a further 5 corporations into statutory management. The statutory management of those 5 corporations has since ended.
Issued under the authority of the Legislation Act 2019.
Date of notification in Gazette: 29 August 2024.
This order is administered by the Ministry of Business, Innovation, and Employment.
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Corporations (Investigation and Management) Order 2024
Corporations (Investigation and Management) Order 2024
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Corporations (Investigation and Management) Order 2024
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