Manawatu Patriotic Society Act 1969

Reprint as at 29 September 1969

Manawatu Patriotic Society Act 1969

Private Act1969 No 4
Date of assent29 September 1969
Commencement29 September 1969

Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.

A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.


An Act to amalgamate all the funds of the Manawatu Patriotic Society, to empower the society to sell certain land, to lend the whole or part of the proceeds of that sale to the Palmerston North Returned Services' Association (Incorporated) on the security of a second mortgage, and to provide for the dissolution of the society as from 1 January 1990 and for the vesting of its assets and funds in the Palmerston North Returned Services' Association (Incorporated) subject to certain trusts in respect thereof

  • Preamble

    Whereas the Manawatu Patriotic Society a body corporate at Palmerston North (hereinafter called the society) was incorporated pursuant to section 12 of the War Funds Act 1915 by an Order in Council dated 28 August 1916 and published in the Gazette of 31 August:

    And whereas the society maintains firstly an Anzac Fund comprising certain money, Government stock, and the land described in the Schedule (hereinafter called the said land) and secondly a Sick and Wounded Fund consisting of certain money, investments, and other assets:

    And whereas the assets of the said Anzac Fund represent donations for the erection and maintenance of a club building for returned servicemen:

    And whereas a building was erected on the said land in 1917 and has since been used as a club by the Palmerston North Returned Services' Association (Incorporated) a duly incorporated society at Palmerston North (hereinafter called the association):

    And whereas the Sick and Wounded Fund has been used and applied by the society in making grants and donations for relief and other charitable purposes to officers and men who enlisted in Palmerston North and the County of Kairanga and served in the 1914–1919 war and to dependants of such officers and men (hereinafter called the said charitable purposes):

    And whereas the association has now acquired premises of its own and it is considered expedient to sell the said land, but doubts have arisen as to the authority of the society to do so:

    And whereas for some considerable time the functions of the society have been limited to the making of grants and donations for the said charitable purposes:

    And whereas the society desires that all its funds be amalgamated and held by it as a war fund for the purpose of making grants and donations for the said charitable purposes:

    And whereas the society further desires to lend the whole or part of the proceeds of the sale of the said land to the association on the security of a second mortgage over land owned by the association, but has no authority to do so:

    And whereas the society considers that by 1 January 1990 there will be few if any persons living who will then qualify for grants and donations from the funds of the society:

    And whereas the society proposes that it then be dissolved and its assets and funds vested in the association subject to the association for a period of 20 years thereafter continuing to make grants and donations for the said charitable purposes:

    And whereas the association agrees with this proposal:

    And whereas effect cannot be given to the proposal unless it is implemented by legislation.