New Zealand Legislation: Acts
Acts are laws made by Parliament
Reprint as at 24 August 1986
| Private Act | 1986 No 2 |
| Date of assent | 23 August 1986 |
| Commencement | 23 August 1986 |
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.
2 Validating sale of land and investment of proceeds, and authorising application of proceeds
3 Authorising sale of land and application of proceeds
An Act to validate the sale of certain land formerly owned by the New Plymouth Boys' High School Board of Governors and the investment of the proceeds, to authorise the sale of certain other land owned by it, and to authorise certain applications of the proceeds of both sales
Whereas—
(a) in 1978 the New Plymouth Boys' High School Board of Governors (hereinafter referred to as the Board) sold by public tender the land described in Schedule 2 (hereinafter referred to as the Farmhouse land):
(b) in some respects the sale did not comply with the requirements of the Education Lands Act 1949 (hereinafter referred to as the Act):
(c) the Board invested on mortgage the proceeds of the sale of the Farmhouse land:
(d) the Board owns the land described in Schedule 1 (hereinafter referred to as the Niger land):
(e) the Niger land was formerly used for a school hostel for New Plymouth Boys' High School (hereinafter referred to as the School), is no longer used for that purpose, and is unsuitable for use as playing fields:
(f) the Board wishes to sell the Niger land without complying with the Act:
(g) the Farmhouse land was and the Niger land is a school site as defined in section 2:
(h) the Act requires school sites to be sold only by public auction, public tender, or public application and ballot, and requires the proceeds from the sale of school sites to be paid into the Public Account:
(i) the Board wishes, rather than pay them into the Public Account, to use—
(i) the proceeds of the sale of the Niger land for the general purposes of the School's hostel and towards replacing the School's swimming baths:
(ii) the proceeds of the sale of the Farmhouse land for the general purposes of the School's hostel:
(j) the Board wishes—
(i) to be authorised to use those proceeds accordingly:
(ii) that the sale of the Farmhouse property and investment of the proceeds on mortgage should be validated:
(k) the objects of this Act cannot be achieved otherwise than by legislation.s
