Section 333 — Companies Act 1993: Name to be reserved before carrying on business

333 Name to be reserved before carrying on business (1) An overseas company must not carry on business in New Zealand on or after the commencement of this Act unless the name of the overseas company has been reserved. (2) Subsection (1) of this section does not apply to an overseas company that, immediately before the commencement of this Act, is registered under Part 12 of the Companies Act 1955. (3) An overseas company registered under this Part of this Act that carries on business in New Zealand must not change its name unless the name has first been reserved. (4) The provisions of sections 20 , 21 , and 22 of this Act apply subject to any necessary modifications to the reservation of the name of an overseas company, including reservation on a change of name, in the same way as they apply to the registration of companies under this Act and to the change of names of companies registered under this Act. (5) If an overseas company contravenes this section,— (a) The company commits an offence and is liable on conviction to the penalty set out in section 373(2) of this Act; and (b) Every director of the company commits an offence and is liable on conviction to the penalty set out in section 374(2) of this Act. Compare: 1955 No 63 s 396A; 1983 No 53 s 23