Tobacco Growing Industry Repeal Act 1987

  • repealed
  • Tobacco Growing Industry Repeal Act 1987: repealed, on 3 June 2017, by section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).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

Tobacco Growing Industry Repeal Act 1987

Public Act
 
1987 No 6
Date of assent
 
21 February 1987
Commencement
 
21 February 1987

Tobacco Growing Industry Repeal Act 1987: repealed, on 3 June 2017, by section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).

Note

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 Ministry of Business, Innovation, and Employment.

An Act to abolish the Tobacco Board

 
1 Short Title

This Act may be cited as the Tobacco Growing Industry Repeal Act 1987.

2 Winding up of Tobacco Board’s operations

(1)

Having regard to the provisions of section 3 the Tobacco Board shall do all in its power to provide for the winding up of the Board and, in particular, for securing the payment of all money owed by and the recovery of debts due to the Board and shall cause to be prepared final accounts of the Board as at the close of 31 March 1987.

(2)

On 1 April 1987, all money accumulated by the Tobacco Board in a separate bank account to form a fund or as a reserve for the purpose of compensating growers for loss or damage to tobacco crops shall be transferred to, and thereupon vest in, the New Zealand Tobacco Growers Federation Incorporated and all the liabilities of the Board that would otherwise have been payable by the Board from that bank account shall, on that date, become the liabilities of the New Zealand Tobacco Growers Federation Incorporated.

3 Dissolution of Board

On 1 April 1987—

(a)

the Tobacco Board shall be dissolved and the term of office of every member of the Board shall cease:

(b)

all real and personal property held by the Tobacco Board shall, subject to section 2(2), become vested in the Crown subject to all liabilities, charges, and obligations:

(c)

all money payable to the Tobacco Board shall become payable to the Crown:

(d)

all rights, constraints, obligations, and liabilities of the Tobacco Board shall, subject to section 2(2), become the rights, constraints, obligations, and liabilities of the Crown:

(e)

all proceedings pending by or against the Board may be carried on, completed, or enforced by or against the Crown:

(f)

the enactments specified in Schedule 1 are repealed:

(g)

the regulations specified in Schedule 2 are revoked:

(h)

Amendment(s) incorporated in the Act(s).

4 Grants to New Zealand Tobacco Growers Federation and Tobacco Institute

The Minister shall, by way of grant, transfer to the New Zealand Tobacco Growers Federation Incorporated and the Tobacco Institute of New Zealand in equal proportions, 90% of the property vested in the Crown pursuant to section 3(b).

Schedule 1 Enactments repealed

s 3(f)

Public Finance Act (1977 No 65)

Amendment(s) incorporated in the Act(s).

Tobacco Growing Industry Act 1974 (1974 No 50)
Tobacco Growing Industry Amendment Act 1976 (1976 No 62)
Tobacco Growing Industry Amendment Act 1980 (1980 No 166)
Tobacco Growing Industry Amendment Act 1981 (1981 No 36)

Schedule 2 Regulations revoked

s 3(g)

Tobacco Board Election Regulations 1975 (SR 1975/239)
Tobacco Board Election Regulations 1975, Amendment No 1 (SR 1978/236)
Tobacco Growing Industry Regulations 1976 (SR 1976/319)
Reprints notes
1 General

This is a reprint of the Tobacco Growing Industry Repeal Act 1987 that incorporates all the amendments to that Act as at the date of the last amendment to it.

2 Legal status

Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.

3 Editorial and format changes

Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/.

4 Amendments incorporated in this reprint

Statutes Repeal Act 2017 (2017 No 23): section 3(1)