• Preamble

  WHEREAS the Bank of New Zealand Officers' Provident Association (hereinafter referred to as the Association) was incorporated under its original name of The Bank of New Zealand Officers' Guarantee and Provident Association by The Bank of New Zealand Officers' Provident Association Act 1900 (hereinafter referred to as the principal Act) for the purpose, inter alia, of providing pensions and allowances for officers of the Bank of New Zealand and for other cognate purposes: And whereas by The Bank of New Zealand Officers' Provident Association Amendment Act 1957 the change of the Association's name to its present name was declared to have been validly made and an amendment was made to section 6 of the principal Act relating to the mode of executing certain contracts: And whereas it is desirable, having regard to modern commercial conditions, to extend the powers of the Association to enable it to utilise its funds to better advantage for the benefit of its members and their dependants: And whereas it is expedient that the principal Act and its amendment be consolidated:

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