Whereas by The Auckland Girls' High School Act 1878, the Auckland Girls' High School and its endowments were placed under the control and management of the Education Board of the District of Auckland (hereinafter called the Education Board): And whereas in the year one thousand eight hundred and eighty-eight, by reason of want of funds, it became impossible for the Education Board to continue such school, and the work thereof was consequently undertaken, and has since been maintained, by the Board: And whereas the endowments of the Girls' High School, which have at all times remained under the control of the Education Board, have become productive, and it is equitable, and the Education Board agrees, that out of the produce of such endowments assistance to the extent and subject to the conditions hereinafter set forth should be given in aid of the work of the Girls' High School now being maintained as aforesaid by the Board: Be it therefore enacted as follows:—
(1.) Out of the proceeds of the sale of timber on the land forming the said endowment the sum of twenty thousand dollars shall be invested by the Education Board, and the interest arising from such investment shall be paid over to the Board by the Education Board.
(2.) Of the moneys received as aforesaid each year by the Board, one-half shall be expended by it in scholarships for girls attending public schools under The Education Act 1877, within the Auckland Education District, subject to such conditions for the winners attending the Auckland Girls' High School and otherwise as the Education Board prescribes and the Minister of Education approves.
(3.) The other half of the said moneys shall be applied by the Board first in or towards keeping down interest on mortgages in respect of buildings, and the residue in or towards defraying the cost of the work of the Girls' High School whilst maintained by that Board.
(4.) The aforesaid payments by the Education Board shall continue to be made until a separate high school for girls is established by that Board under the provisions of The Auckland Girls' High School Act 1878, and shall thereafter be applied in manner prescribed by that Act.
The reference to
“twenty thousand dollars” was substituted, as from 10 July 1967, for a reference to
“ten thousand pounds” pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).
The Education Act 1904 was substituted, as from 4 November 1904, by section 2 Education Acts Compilation Act 1904 (1904 No 20). The Education Act 1904 was consolidated, as from 4 August 1908, by section 1(2) Education Act 1908 (1908 No 52). That Act was in turn repealed, as from 1 January 1915, by section 164(1) Education Act 1914 (1914 No 50). That Act was in turn repealed, as from 15 October 1965, by section 204(1) Education Act 1964 (1964 No 135). That Act was in turn repealed, as from 1 October 1989, by section 142(3) Education Act 1989 (1989 No 80).