Finance Act 1947

  • repealed
  • Finance Act 1947: repealed, on 3 June 2017, by section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).

Reprint as at 3 June 2017

Coat of Arms of New Zealand

Finance Act 1947

Public Act
1947 No 6
Date of assent
14 August 1947
14 August 1947

Finance Act 1947: repealed, on 3 June 2017, by section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).


Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

This Act is administered by the Treasury.


1Short Title
2Minister of Marketing may hold shares and other property and enter into contracts on behalf of the Crown
3Annual statement of corporation investments to be laid before Parliament [Repealed]
4Abolition of Bank of New Zealand Shares Account [Repealed]
5Delegation of powers by Secretary to Treasury [Repealed]
6Validating excess unauthorised expenditure
7Increasing limit of unauthorised expenditure under Public Revenues Act 1926 [Repealed]
8Salaries of nominated members of Court of Arbitration [Repealed]
9Pay of servicemen based on new rates not exempt from taxation [Repealed]
10Amending provisions as to proprietary income [Repealed]
11Abolition of national security tax [Repealed]
12Commencement of abolition of national security tax [Repealed]
13Amending authority to companies to adjust dividends with respect to social security charge [Repealed]
14Consequential repeals [Repealed]
15Persons absent on Government service deemed ordinarily resident in New Zealand [Repealed]
16Extending time for applications for refund of excess charge deducted at source [Repealed]
17Repeals [Repealed]
18Stamp duty on transfers of shares [Repealed]
19Guarantee may be stamped with adhesive stamps [Repealed]
20This Part to be read with Death Duties Act 1921 [Repealed]
21Deduction of interests acquired by widow and infant children of deceased when assessing estate duty [Repealed]
22Succession duty payable by remote successors domiciled out of New Zealand [Repealed]
23Extending cases where estate duty and succession duty need not be denoted by stamps [Repealed]
24This Part to be read with National Provident Fund Act 1926 [Repealed]
25Increasing weekly allowances payable on death or during incapacity [Repealed]
26Allowances in respect of children to be payable up to age of 16 years [Repealed]
27Power to continue allowances beyond age of 16 years [Repealed]
28Commencement of foregoing provisions [Repealed]
29Revocation of approval of friendly societies for purposes of maternity allowances and annuities [Repealed]
30Removing restriction as to date from which contributors to superannuation funds may become contributors to Fund [Repealed]
31Cupro-nickel coins to be legal tender up to 40 shillings [Repealed]
32Authorising increased proportion of Government and local body investments in Government Insurance Account [Repealed]
33Additional member of Government Insurance Board [Repealed]
34Tax-free stock issued under Bank of New Zealand Act 1945 may be transferred by trustees to beneficiaries in certain cases [Repealed]
35As to election in 1947 of members of Public Service Board of Appeal [Repealed]
36Certain servicemen deemed to be permanently employed for superannuation purposes [Repealed]
37Travelling expenses of members of Electric-power Boards, etc [Expired]
38Retrospective effect of certain Industrial Efficiency (Motor-spirits Retailers) Regulations [Repealed]
39Authorising Borough Councils and Town Boards to provide tribute to citizens of London
40Validating donation by New Zealand Meat-producers’ Board for flood relief in Great Britain
41Validating expenditure by Auckland Savings-bank in connection with centennial celebrations
42Authorising New Plymouth Savings-bank to invest £25,000 in securities of New Plymouth Harbour Board
43Authorising Hokitika Savings-bank to invest £5,000 in securities of Hokitika Fire Board
44Authorising Invercargill Savings-bank to invest £32,500 in securities of Southland Hospital Board
Reprint notes

An Act to make provision with respect to public finance and other matters