New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) The Board may from time to time make rules of the Trust, not inconsistent with this Act, for all or any of the following purposes:
(a) Regulating the proceedings of the Board and of committees:
(b) Providing for the custody of the property of the Trust, and the custody and use of the common seal of the Trust:
(c) Regulating the terms and conditions of employment of persons under section 18(6) of this Act:
(d) Prescribing the conditions on which the Trust will make grants under this Act, and the manner in which applications for grants shall be made:
(e) Regulating the manner in which the Trust Fund shall be dealt with:
(f) Subject to subsections (4) and (5) of this section, prescribing the method of election of the directors specified in section 4(1)(b) of this Act, and the form and manner of keeping an electoral roll of members for that purpose, and providing for matters incidental thereto:
(g) Providing for such other matters as may be necessary or expedient for the carrying out of the functions of the Trust.
(2) Rules made for any purpose specified in subsection (1)(f) of this section may limit the right of junior members, or of family members who are under the age for the time being specified by the Board in respect of junior membership, to vote in any election.
(3) Notice in writing of every proposed resolution to make rules under this section or for the amendment or revocation of any rule so made, (including a copy of the proposed rules, amendment, or revocation) shall be given to every director for the time being in New Zealand, not less than 21 days before the meeting at which the proposal is to be moved, but an inadvertent failure to comply with this subsection shall not invalidate the making, amendment, or revocation of any rule at that meeting.
(4) Notwithstanding that subsection (1) of this section confers a discretionary power on the Board to make rules, the following provisions shall apply in respect of the election of the directors specified in section 4(1)(b) of this Act:
(a) The Board may not make rules under this section for the election of such directors before the expiration of the period of one year following the commencement of this Act, but shall make such rules as soon as practicable after the expiration of that period:
(b) No rules made for the election of such directors shall come into force unless they have been approved by the Minister.
(5) No person shall be capable of being elected as a director specified in section 4(1)(b) of this Act unless he is—
(a) A member of the Trust; or
(b) An officer of a corporate member of the Trust.
Subsection (1)(c) was amended, as from 12 June 1991, by section 9(a) Queen Elizabeth the Second National Trust Amendment Act 1991 (1991 No 37) by substituting the expression “section 18(6)”
for the expression “section 18(4)”
.
Subsection (1)(f) was amended, as from 12 June 1991, by section 9(b) Queen Elizabeth the Second National Trust Amendment Act 1991 (1991 No 37) by substituting the expression “section 4(1)(b)”
for the expression “section 4(1)(g)”
.
Subsection (2) was amended, as from 30 March 1987, by section 3 Queen Elizabeth the Second National Trust Amendment Act 1987 (1987 No 51) by inserting the words “, or of family members who are under the age for the time being specified by the Board in respect of junior membership,”
.
Subsections (4) and (5) were amended, as from 12 June 1991, by section 9(b) Queen Elizabeth the Second National Trust Amendment Act 1991 (1991 No 37) by substituting the expression “section 4(1)(b)”
for the expression “section 4(1)(g)”
.