Du Val statutory management

On 21 August 2024, following a recommendation of the Financial Markets Authority, the Minister of Commerce and Consumer Affairs placed a number of entities and subsidiaries of the Du Val Group into statutory management under the Corporation (Investigations and Management) Act 1989.

This page provides links to the documents relevant to that decision. Some information has been redacted, either because of legal professional privilege or because it relates to matters that are the subject of a confidentiality agreement because they are still before the courts.

  • Cabinet paper including the FMA’s recommendation
  • Cabinet minute of decision
  • Order in Council

Corporations (Investigation and Management) (Du Val Group) Order 2024(external link) — New Zealand Legislation

Further information, including the report from the interim receivers that was submitted to the Court prior to Du Val being placed into statutory management can be found on the website of the receivers, PWC.

Du Val Group statutory management & receivership(external link) — PWC

All enquiries relating to the statutory management should be directed to PWC in the first instance at nz_duval@pwc.com.

Cabinet papers