• Preamble

  WHEREAS The National Heart Foundation of New Zealand was incorporated under the provisions of the Charitable Trusts Act 1957 on the 26th day of April 1968: And whereas the constitution of the said Foundation provides that the Council of the Foundation has the power from time to time to invest and reinvest in securities authorised by law for the investment of trust funds upon such terms as the said Council shall think fit the whole or any part of the moneys of the said Foundation not required for the immediate purposes of the said Foundation: And whereas it is expedient that the Council of the Foundation should be granted certain further powers of investment: And whereas it is desirable that such further powers of investment should be granted by legislation:

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