Insolvency and Trustee Service New Zealand (ITS)

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  • Company Address:

    Insolvency and Trustee Service New Zealand (ITS) which is an operational unit of the Ministry of Business Innovation and Employment (MBIE).
    Statutory title is Official Assignee (OA)

  • Scope of Role:

    The OA administers all personal bankruptcies, no asset procedures (NAP) and debt repayment orders (DRO) under the Insolvency Act 2006. The OA also decides on debtor applications for bankruptcy, NAP and DRO.

    The OA can also be appointed liquidator of a Company and the Companies Act 1993.

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