Following public consultation on proposals to implement the Insolvency Practitioners Regulation Act 2019, including setting the fees and levy under the scheme, a summary of submissions, and MBIE’s responses, is now available.
In response to the need for physical distancing during COVID-19, the Companies Office will, as a temporary measure, accept statutory declarations that meet the requirements of the Oaths and Declarations Act 1957 but are taken by alternative means.
The COVID-19 Response (Further Management Measures) Legislation Bill, introduced to Parliament on 5 May 2020, includes a wide range of measures to support businesses and other entities through the pandemic.
Retirement Villages Operators that have an annual return due up to and including the month of September are able to seek regulatory relief by requesting an alteration of their annual return month where appropriate.
The Government will be introducing legislation to make changes to the Companies Act to help businesses facing insolvency due to COVID-19 to remain viable, with the aim of keeping New Zealanders in jobs.
We appreciate that these are challenging times for everyone, and that circumstances related to COVID-19 may be affecting your ability to meet your legal and procedural obligations as an incorporated society over the coming months.
The Registrar of Companies has published minimum standards, conditions and requirements for ongoing competence for the licensing of insolvency practitioners, and minimum standards for the accreditation of bodies, after a period of public consultation.