Finance Act (No 2) 1948

Public Act1948 No 78
Date of assent3 December 1948

Note

This Act is administered in the Treasury


Contents

Title

29 Interpretation [Repealed]


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

1 Short Title
  • This Act may be cited as the Finance Act (No 2) 1948.

2 Christmas Island phosphates
  • [Repealed]

    Subsections (4)-(9) were inserted by section 11 Finance Act (No 2) 1952.

    Section 2 was repealed by section 2(3)(a) Finance Act (No 2) 1981 (1981 No 110).

3 Lake Grassmere salt project
  • [Repealed]

    Section 3 was repealed by section 163(1) Public Finance Act 1977.

4 Power to apply Earthquake and War Damage Act 1944 to damage by natural disaster
  • [Repealed]

    Section 4 was repealed by section 4(2)(a) Earthquake and War Damage Amendment Act 1983.

5 Establishment of separate industry accounts within Marketing Account
  • [Repealed]

    Section 5 was repealed by section 7(5) Finance Act (No 2) 1953, which substituted this section.

6 Investments from Government Insurance Account in local-body loans
  • [Repealed]

    Section 6 was repealed by section 41(1) of the Government Life Insurance Act 1953.

7 Trustee Savings Bank Act 1948 amended
  • [Repealed]

    Section 7 was repealed, as from 1 April 1984, by section 53(1) Trustee Banks Act 1983 (1983 No 116).

8 This Part to be read with Land and Income Tax Act 1923
  • [Repealed]

    Sections 8-15 were repealed by section 246(1) Land and Income Tax Act 1954.

9 Amending provisions as to exemption of sports bodies from income-tax
  • [Repealed]

    Sections 8-15 were repealed by section 246(1) Land and Income Tax Act 1954.

10 Depreciation recovered on disposal of assets
  • [Repealed]

    Sections 8-15 were repealed by section 246(1) Land and Income Tax Act 1954.

11 Keeping of business records
  • [Repealed]

    Sections 8-15 were repealed by section 246(1) Land and Income Tax Act 1954.

12 Information to be furnished on request of Commissioner
  • [Repealed]

    Sections 8-15 were repealed by section 246(1) Land and Income Tax Act 1954.

13 Exemption for housekeeper caring for invalid child
  • [Repealed]

    Sections 8-15 were repealed by section 246(1) Land and Income Tax Act 1954.

14 Extending period for allowance of special depreciation
  • [Repealed]

    Sections 8-15 were repealed by section 246(1) Land and Income Tax Act 1954.

15 Power to waive publication of name of tax evaders who make full disclosure
  • [Repealed]

    Sections 8-15 were repealed by section 246(1) Land and Income Tax Act 1954.

16 This Part to be read with Social Security Act 1938
  • [Repealed]

    Sections 16-24 were repealed by section 135(1) Social Security Act 1964.

17 Rates of age-benefits granted to blind beneficiaries
  • [Repealed]

    Sections 16-24 were repealed by section 135(1) Social Security Act 1964.

18 Benefits for deserted wives and wives of mental defectives
  • [Repealed]

    Sections 16-24 were repealed by section 135(1) Social Security Act 1964.

19 Date of expiry of orphan's benefit
  • [Repealed]

    Sections 16-24 were repealed by section 135(1) Social Security Act 1964.

20 Conditions for grant of family benefit
  • [Repealed]

    Sections 16-24 were repealed by section 135(1) Social Security Act 1964.

21 Benefits in case of training or medical treatment
  • [Repealed]

    Sections 16-24 were repealed by section 135(1) Social Security Act 1964.

22 Payment of benefits during temporary absence from New Zealand
  • [Repealed]

    Sections 16-24 were repealed by section 135(1) Social Security Act 1964.

23 Persons employed outside New Zealand deemed resident in New Zealand
  • [Repealed]

    Sections 16-24 were repealed by section 135(1) Social Security Act 1964.

24 Due dates of payment of charge on income other than salary or wages
  • [Repealed]

    Sections 16-24 were repealed by section 135(1) Social Security Act 1964.

25 This part to be read with War Pensions Act 1943
  • [Repealed]

    Sections 25-27 were repealed by section 97(1) War Pensions Act 1954.

26 Application of general increases to remarriage gratuities and to veterans' widows gratuities
  • [Repealed]

    Sections 25-27 were repealed by section 97(1) War Pensions Act 1954.

27 Payment of war veterans' allowances during temporary absence from New Zealand
  • [Repealed]

    Sections 25-27 were repealed by section 97(1) War Pensions Act 1954.

28 This Part to be read with Government Railways Act 1926
  • [Repealed]

    Sections 28-35 were repealed by section 121(1) Government Railways Act 1949.

29 Interpretation
  • [Repealed]

    Sections 28-35 were repealed by section 121(1) Government Railways Act 1949.

30 Method of appointment to Government Railways Department
  • [Repealed]

    Sections 28-35 were repealed by section 121(1) Government Railways Act 1949.

31 Positions may be filled by transfer of members already in the Department
  • [Repealed]

    Sections 28-35 were repealed by section 121(1) Government Railways Act 1949.

32 Special promotions
  • [Repealed]

    Sections 28-35 were repealed by section 121(1) Government Railways Act 1949.

33 Power of Government Railways Industrial Tribunal to interpret orders
  • [Repealed]

    Sections 28-35 were repealed by section 121(1) Government Railways Act 1949.

34 Power to consolidate orders
  • [Repealed]

    Sections 28-35 were repealed by section 121(1) Government Railways Act 1949.

35 Minister may fix date of commencement of orders
  • [Repealed]

    Sections 28-35 were repealed by section 121(1) Government Railways Act 1949.

36 This Part to be read with National Provident Fund Act 1926
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

37 National Provident Fund Account
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

38 Moneys payable into and out of Fund
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

39 Investment of Fund
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

40 Incorporation of Board
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

41 Exemption from taxation
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

42 Provision for increase of pensions up to 120s a week
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

43 Benefits during incapacity
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

44 Minimum age for contributing employees
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

45 Directions as to meaning of term permanent employee
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

46 Power to accept life insurance policies in payment of or as security for contributions for prior service
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

47 Power of Public bodies to become contributors in respect of employees
  • [Repealed]

    Sections 36-47 were repealed by section 80(1) National Provident Fund Act 1950.

48 This Part to be read with Local Bodies Loans Act 1926
  • [Repealed]

    Sections 48-51 were repealed by section 135(1) Local Authorities Loans Act 1956.

49 Issue of debentures of bank before whole loan raised
  • [Repealed]

    Sections 48-51 were repealed by section 135(1) Local Authorities Loans Act 1956.

50 Issue of debentures to State lending Department before whole loan advanced
  • [Repealed]

    Sections 48-51 were repealed by section 135(1) Local Authorities Loans Act 1956.

51 Extending power to raise supplementary loan
  • [Repealed]

    Sections 48-51 were repealed by section 135(1) Local Authorities Loans Act 1956.

52 Local authorities may compost sewage and other substances
  • (1) For the purposes of this section, local authority means a local authority within the meaning of the Local Government Act 2002; and includes any other public body that is charged with the disposal of organic waste matter.

    (2) It shall be lawful for any local authority or for 2 or more local authorities acting in combination, at the request of the Minister of Works and Development, to manufacture compost, fertilisers, and other products from organic waste matter and to exercise any powers incidental thereto and, in particular,—

    • (a) To erect, install, and maintain works, machinery, equipment, and plant for the purposes of this section:

    • (b) To acquire land for the purposes of this section:

    • (c) To purchase and use any materials for the purposes of this section:

    • (d) To use the products upon land belonging to the local authority or any of the local authorities, or to dispose of the products in such quantities and in such manner and upon such conditions as may from time to time be approved in writing by the Minister of Works and Development.

    (3) [Repealed]

    (4) [Spent]

    In subsection (1) the reference to a Town Council was substituted for a reference to a Town Board by section 413(6) of the Municipal Corporations Act 1954.

    Subsection (1) was substituted, as from 1 July 2003, by section 262 Local Government Act 2002 (2002 No 84). See sections 273 to 314 of that Act as to the savings and transitional provisions.

    In subsection (2) the references to the Minister of Works and Development have been substituted for references to the Minister of Works pursuant to section 2(4)(a) of the Public Works Amendment Act 1973.

    In subsection (3)(c), Part 12 of the Local Government Act 1974 was substituted for the repealed Part 11 of the Municipal Corporations Act 1933.

    Subsection (3) was repealed, as from 1 July 2003, by section 262 Local Government Act 2002(2002 No 84). See sections 273 to 314 of that Act as to the savings and transitional provisions.

53 Restricting extension of local authorities' superannuation schemes
  • [Repealed]

    Section 53 was repealed by section 79(b) National Provident Fund Restructuring Act 1990.

54 Provision for load control equipment by Electric-power Boards
  • [Repealed]

    This section was repealed, as from 5 December 1979, by section 13(2) Electric Power Boards Amendment Act 1979 (1979 No 60).

55 Authorizing expenditure by Victoria University College Council to celebrate jubilee
  • [Repealed]

    Section 55 was repealed by section 55(1) Victoria University of Wellington Act 1961.

56 Member of Parliament not to be disqualified by reason of claim for compensation under Public Works Act, 1928
  • [Spent]

57 Application to Cook Islands of Industrial and Provident Societies Act 1908
  • (1) [Repealed]

    (2) The Industrial and Provident Societies Act 1908 shall extend to and be in force in the Cook Islands with the following modifications:

    • (a) Every reference in that Act to a District Court shall be read as a reference to the High Court of the Cook Islands:

    • (b) Offences punishable on summary conviction under that Act shall, if committed in the Cook Islands, be punishable by the High Court of the Cook Islands in the ordinary course of its criminal jurisdiction.

    Subsection (1) was repealed by section 45(1) State Advances Corporation Act 1965.

58 Preserving superannuation rights of W.F. Stilwell, Esquire, Deputy Judge of Court of Arbitration
  • [Spent]

59 Contracts of infants, being wives of persons receiving assistance under Part 1 of Rehabilitation Act 1941
  • [Repealed]

    Section 59 was repealed by section 19(1) Minor's Contracts Act 1969.