New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) Notwithstanding the repeal, by section 73, of the Companies Special Investigations Act 1958,—
(a) any company to which that Act applied immediately before its repeal shall remain subject to that Act, and the provisions of that Act shall continue to apply to that company in all respects as if they had not been repealed:
(b) any receiver and manager appointed in respect of any such company shall continue to have, in respect of that company, the same powers and functions that he or she had before the repeal of that Act.
(2) This section shall apply unless an Order in Council has been made in respect of the company pursuant to section 75.
