Statute
Section 239ABC — Companies Act 1993: Charge unenforceable
Text of the provision Official document
239ABC Charge unenforceable Subject to subpart 10 , a person must not, during the administration of a company, enforce a charge over the property of the company, except— (a) with the administrator's written consent; or (b) with the permission of the Court. Compare: Corporations Act 2001 (Australia) s 440B Section 239ABC: inserted, on 1 November 2007, by section 6 of the Companies Amendment Act 2006 (2006 No 56).
Official source: legislation.govt.nz
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from New Zealand courts and tribunals with a plain-English summary and legal holding.
Explore case law →