Section 334 — Companies Act 1993: Overseas companies to register under this Act

334 Overseas companies to register under this Act (1) An overseas company that, on or after the commencement of this Act, commences to carry on business in New Zealand must apply for registration under this Part of this Act in accordance with section 336 of this Act within 10 working days of commencing to carry on business. (2) An overseas company that, immediately before the commencement of this Act, was carrying on business in New Zealand and, on the commencement of this Act, continues to carry on business in New Zealand, must apply for registration under this Part of this Act in accordance with section 336 of this Act within 10 working days of the commencement of this Act. (3) An overseas company registered under Part 12 of the Companies Act 1955 immediately before the date of commencement of this Act is, on and from that date, deemed to be registered under this Part of this Act instead of under Part 12 of the Companies Act 1955. (4) An overseas company that is deemed to be registered under this Part of this Act must, within 20 working days of the commencement of this Act, deliver to the Registrar for registration, a notice in the prescribed form stating the full address of the principal place of business in New Zealand of the overseas company. (5) An overseas company that changes its name must send or deliver to the Registrar a notice in the prescribed form of the change of name accompanied by the notice reserving the name within 10 working days of the change of name. (6) If an overseas company fails to comply with this section,— (a) The overseas 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 overseas company commits an offence and is liable on conviction to the penalty set out in section 374(2) of this Act.