Companies acting as corporate trustees: 28 October is a critical date


September 17 2015


As from 28 October 2015 a company must have at least one director who either: lives in New Zealand, or lives in Australia and is a director of a company incorporated in Australia.

Failure to comply with this requirement (s10, Companies Act 1993) means the Registrar ‘must’ remove a company from the New Zealand companies register (s318(1)(aaa), Companies Act 1993). If the above circumstances apply to you, you must contact us urgently.


Related Articles

No enduring power of attorney

Accessing the assets of a trust