Territorial application of sections 180 to 184

In force

Sections 180 to 184 do not apply to an act or omission by a director or other officer or employee of a foreign company unless the act or omission occurred in connection with:

(a)

the foreign company carrying on business in this jurisdiction; or

(b)

an act that the foreign company does, or proposes to do, in this jurisdiction; or

(c)

a decision by the foreign company whether or not to do, or refrain from doing, an act in this jurisdiction.

This Act’s bill:Explanatory memorandum Second reading speech

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186 Territorial application of sections 180 to 184