New Zealand Legislation: Acts
Acts are laws made by Parliament
| Private Act | 1957 No 6 |
| Date of assent | 13 September 1957 |
An Act to extend the powers of the Presbyterian Church Property Trustees constituted under the provisions of the Presbyterian Church Property Act 1885 so as to enable the said trustees to amalgamate investments and money of trust funds now and hereafter to be held by or vested in the said trustees
WHEREAS it is expedient to extend the powers of the Presbyterian Church Property Trustees with reference to the investment of trust funds now and hereafter to be held by or vested in the said trustees so as to empower the trustees to amalgamate as one Investment Fund certain descriptions of securities and money forming part of these trust funds and also to deal with the income derived from the securities and money so amalgamated in one Investment Fund Income Account in manner hereinafter set forth: And whereas it is expedient that all costs, charges, and expenses of and incidental to the preparing, obtaining, and passing of this Act should be paid from the Investment Fund Income Account proposed to be set up under this Act:
BE IT THEREFORE ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:
