59
In forceStay of proceedings
Part 4Other functions and powers of registrar
Division 2Specific powers
Subdivision 5Administrators
59 Stay of proceedings
(1)
This section applies if the registrar appoints an administrator to conduct a society’s affairs.
(2)
A person must not begin or continue a proceeding in a court against the society until the administrator’s appointment is revoked except with the leave of the Supreme Court and, if the court grants leave, under any terms the court imposes.
(3)
A person intending to apply for leave must give the registrar at least 10 days notice of intention to apply.
(4)
On the hearing of an application for leave, the registrar may be represented and may oppose the granting of the application.
This Act’s bill:Explanatory memorandum
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.