The judge at the court in the North Island city of Tauranga briefly issued an arrest warrant for Phil Rudd, 60, after he failed to appear on time.
The warrant was withdrawn when Phil rudd appeared minutes later.
Australian Phil Rudd entered no plea and was remanded on bail until December 2.
A charge of attempting to arrange a murder was dropped earlier this month.
Phil Rudd had been due to appear in court at 09:00 local time.
When he failed to appear, Judge Timothy Brewer issued a warrant for his arrest, saying it would be enacted in half an hour if Phil Rudd did not show.
Phil Rudd was in court when the hearing resumed about 15 minutes later.
Justice Brewer then sent the case back to the district court as police had dropped the charge of attempting to procure murder.
In court, Phil Rudd put on a show for the gallery, winking at the media and tapping a rhythm on the dock.
As he left, he jumped on his security guard’s back and was carried to his sports car.
Phil Rudd’s lawyer, Paul Mabey, has said his client will deny the threatening to kill charge and described the drugs charges as “minor”.
He said the case had attracted sensational worldwide publicity and Phil Rudd had suffered “incalculable damage”.
Phil Rudd, who has lived in New Zealand for more than two decades, was kicked out of AC/DC in 1983 but rejoined in 1994.
AC/DC is one of the biggest-selling bands in history.
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