Status: Completed
Project overview
This project examined and reviewed the law relating to bodies incorporated under the Companies Act 1955, and reported on the form and content of a new Companies Act.
Status: Completed
Terms of reference
The Law Commission was asked to examine and review the law relating to bodies incorporated under the Companies Act 1955, and to report on the form and content of a new Companies Act.
The continuing work of the Securities Commission in the fields of takeovers, insider trading, and company accounts will form part of this overall inquiry. Also related to this reference is the review conducted by the Department of Justice of the law and practice of company liquidations and individual insolvency.
Status: Completed
Preliminary Paper
Company Law (NZLC PP5, 1987)
The Commission's Preliminary Paper, Company Law (NZLC PP5, 1987).
Status: Completed
Reports
Company Law: Reform and Restatement (NZLC R9, 1989)
The Commission's Report, Company Law: Reform and Restatement (NZLC R9, 1989).
Company Law Reform: Transition and Revision (NZLC R16, 1990)
The Commission's Report, Company Law Reform: Transition and Revision (NZLC R16, 1990).
Status: Completed
Government response
Recommendations were implemented in the Companies Act 1993, the Receiverships Act 1993 and amendments to the Property Law Act 1952 and the Companies Act 1955.
There was no requirement for the Government to present a formal response to Commission reports before April 2009.
See Official Government response process | Department of the Prime Minister and Cabinet (DPMC).