Part 1
Substantive provision

2 Buildings hired by Crown to remain property of Crown
  • (1) Notwithstanding anything to the contrary in any enactment or rule of law, any building hired by the Crown to—

    • (a) a person—

      • (i) whose principal occupation is the carrying out of agricultural, horticultural, or pastoral operations, or the keeping of bees, poultry, or other livestock (whether personally or by a manager or other person on that person's behalf) on land used exclusively or principally for 1 or more of those purposes and owned or leased by that person; and

      • (ii) whose income, or a substantial part of it, is derived from the use of that land for 1 or more of those purposes; or

    • (b) the personal representatives of such a person who is deceased,—

    for removal to that land for the purpose of providing accommodation for any other person whose principal occupation is working on that land for wages, or of sharemilking or sharecropping on that land, shall remain the property of the Crown until the Housing Corporation of New Zealand or the Rural Banking and Finance Corporation of New Zealand (as the case may be) issues a certificate under its common seal that the Crown's ownership has ceased; and that building may at any time be removed by that Corporation after the termination of the hiring concerned, or otherwise pursuant to that hiring, without liability for payment of compensation to the owner of the land on which it is situated or to any other person, even if it has been so attached to that land as to form part of it.

    (2) [Repealed]

    Compare: 1940 No 10 s 9

    Section 2(2): repealed, on 1 April 2005, by section 139 of the Credit Contracts and Consumer Finance Act 2003 (2003 No 52).