Official Assignee has wide powers – but not as wide as Xero has suggested
The Official Assignee can compel just about anybody to provide information if it's relevant to a bankrupt's affairs. But there are limits to its powers. With special audio feature.
Jenny Ruth Fri, 18 Dec 2015
Click the NBR Radio box for on-demand special feature audio: Two lawyers talk about the powers of the Official Assignee and where the limits are.
The Official Assignee has a wide range of powers but not quite as wide as accounting firm Xero [NZX: XRO] has been suggesting.
NBR asked two lawyers
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).