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StatuteCompanies Act 1993

Section 310O — Companies Act 1993: Transactions under recognised multilateral netting agreement not affected by variation or revocation of declaration under section 310K

Text of the provision Official document

310O Transactions under recognised multilateral netting agreement not affected by variation or revocation of declaration under section 310K The variation or revocation of a declaration under section 310K does not affect the application of sections 310A to 310O to any transaction— (a) That is or was subject to a recognised multilateral netting agreement; and (b) That was entered into before the variation or revocation of the declaration. Sections 310A to 310O were inserted, as from 26 April 1999, by section 15 Companies Amendment Act 1999 (1999 No 19).

Official source: legislation.govt.nz

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