• Preamble

  WHEREAS the Wellington Bishopric Endowment Trust Board incorporated under the Religious, Charitable, and Educational Trusts Act, 1908 (hereinafter called the Board), is the proprietor of the lands, investments, and moneys set forth in Schedule 1 to this Act, and holds the same as to part thereof upon trust as an endowment of a Bishopric for the Province of Wellington in connection with the Church of the Province of New Zealand, commonly called the Church of England; and as to other part thereof upon trust for the endowment of a Bishopric at Wellington in connection with the said Church; and as to other part thereof for the purpose of augmenting the income of the Bishop of Wellington for the time being of the said Church, and subject thereto upon trust for the General Synod of the said Church; and as to other part thereof upon trust for the endowment of the said Bishopric in the first place, and for other general religious, educational, and charitable purposes for the benefit of the said Church in the Diocese of Wellington existing under the Constitution of the said Church and the Canons of the said General Synod; and as to other part thereof upon trust for the said General Synod, but, until the said General Synod shall permit the same to be sold, exchanged, or otherwise dealt with, for the endowment of the said Bishopric of Wellington: And whereas it is expedient to extend the powers of the Board and the trusts upon and the purposes for which the lands, investments, and moneys described in the said Schedule 1 (hereinafter called the said Estate) are held by the Board:

BE IT THEREFORE ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—