New Zealand Legislation: Regulations
Regulations are laws made under Acts
(1) No advertisement shall state the amount of the authorised capital or issued capital of a company registered under the Companies Act 1955, unless that amount is described as such and the advertisement also states with equal prominence, and describes as such, the amount of the capital of the company that is credited as paid up.
(2) No advertisement shall state the number of shares issued by a body corporate, other than a company registered under the Companies Act 1955, without also stating the amount credited as paid up in respect of those shares.
Regulation 13 was substituted, as from 1 July 1994, by section 3 Company Law Reform (Transitional Provisions) Act 1994 (1994 No 16).