New Zealand Acts

COMPANIES AMENDMENT ACT (NO 2) 2006 - SECT 9

9 New section 211A inserted

The following section is inserted after section 211 :

211A Obligations to prepare and make available annual reports or financial statements do not apply to nonactive companies

If, under section 10A of the Financial Reporting Act 1993 , the directors of a company are not required to comply with section 10 of that Act in respect of an accounting period, the board of the company is not required to—

a) prepare an annual report under section 208 in respect of that accounting period; or

b) send or make available under sections 209 to 209B any annual report, notice, or other document in respect of that accounting period.