St Peter's Parish Endowment Fund Act 1927

Reprint as at 22 October 1927

Coat of Arms of New Zealand

St Peter’s Parish Endowment Fund Act 1927

Private Act
 
1927 No 2
Date of assent
 
21 October 1927
Commencement
 
21 October 1927
Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

An Act to vary the provisions of a certain declaration of trust dated 8 August 1922, concerning the endowment fund for the Parish of St Peter, Wellington, being a parish in connection with the Church of the Province of New Zealand, commonly called the Church of England

Preamble

Whereas by a certain declaration of trust executed on 8 August 1922 by the Venerable Herbert Watson, George William Robinson, Lewis Henry Balfour Wilson, George Lawrence, and Sidney Albert Longuet, trusts were declared concerning an endowment fund for the Parish of St Peter, Wellington, being a parish in connection with the Church of the Province of New Zealand, commonly called the Church of England:

And whereas by clause 4 of the said deed it was provided as follows: “No part of the capital or corpus of the said fund shall at any time be expended or used and until the accumulated investments and the properties in the fund shall have reached the amount or value of £1,500 none of the income of the fund shall be expended or used Provided always that if and when any income of the fund may not (in accordance with the law restricting the accumulation of income that shall for the time being be in force) be any longer accumulated the same shall be applied for such purposes of the parish of a religious charitable or educational nature as the vestry thereof shall from time to time direct”:

And whereas it is desirable to increase the amount or value which the accumulated investments and the properties in the said fund must reach before any of the income may (subject to the proviso in the said clause 4) be expended or used.

 
1 Short Title

This Act may be cited as the St Peter’s Parish Endowment Fund Act 1927.

2 Clauses 4 and 5 of trust deed amended

The words “ten thousand pounds” shall be substituted for the words “fifteen hundred pounds” in clause 4 and in clause 5 of the said declaration of trust, and the said declaration of trust shall be read and construed as if the words “ten thousand pounds” had been on 8 August 1922, inserted in clauses 4 and 5 in lieu of the words “fifteen hundred pounds”.

3 Costs and expenses of Act

All costs, charges, disbursements, and expenses of and incidental to the preparing for and obtaining and passing of this Act, or otherwise in relation thereto, shall be paid out of the said St Peter’s Parish Endowment Fund.

4 Saving clause

Save as expressly modified by this Act the said declaration of trust as originally executed shall remain in full force and effect.

Reprints notes
1 General

This is a reprint of the St Peter’s Parish Endowment Fund Act 1927 that incorporates all the amendments to that Act as at the date of the last amendment to it.

2 Legal status

Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.

3 Editorial and format changes

Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/.

4 Amendments incorporated in this reprint