Industrial and Provident Societies Amendment Act 1993

Reprint
as at 5 December 2013

Industrial and Provident Societies Amendment Act 1993

Public Act1993 No 115
Date of assent28 September 1993

Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this eprint. See the notes at the end of this eprint for further details.

This Act is administered in the Department of Justice.


BE IT ENACTED by the Parliament of New Zealand as follows:

1 Short Title and commencement
  • (1) This Act may be cited as the Industrial and Provident Societies Amendment Act 1993, and shall be read together with and deemed part of the Industrial and Provident Societies Act 1908 (hereinafter referred to as the principal Act).

    (2) This Act shall come into force on the 1st day of July 1994.

2 Power to compromise with creditors and members
  • This section amended sections 10A(1), (2), and (5) of the principal Act.

3 Dissolution of societies
  • (1) This subsection substituted paragraph 15(a) and inserted paragraph 15(ab) of the principal Act.

    (2) This subsection amended section 15(b) of the principal Act.

4 Industrial and Provident Societies Amendment Act 1952 amended
  • (1) Section 13(1) of the Industrial and Provident Societies Amendment Act 1952 is hereby amended by omitting the words course of being wound up, the debts which in every winding up are under the provisions of Part VI of the Companies Act 1955, and substituting the words liquidation, the debts which in every liquidation are under the provisions of Part XVI of, and the Seventh Schedule to, the Companies Act 1993.

    (2) Section 13 of the Industrial and Provident Societies Amendment Act 1952 is hereby amended by repealing subsection (2) (as amended by section 6(1) of the Industrial and Provident Societies Amendment Act 1981), and substituting the following subsection:

    • (2) In the application of clause 2(b) of the Seventh Schedule to the Companies Act 1993, the reference to holiday pay becoming payable on the termination of employment before or by reason of the commencement of the liquidation shall be construed as a reference to holiday pay becoming payable on the termination of employment before or by reason of the appointment of the receiver or the taking possession of the property.

    (3) Section 13 of the Industrial and Provident Societies Amendment Act 1952 is hereby amended by repealing subsection (3), and substituting the following subsection:

    • (3) The periods of time referred to in Part XVI of, and the Seventh Schedule to, the Companies Act 1993 shall be taken from the date of the appointment of the receiver or on which possession of the property was taken, as the case may be.

    (4) Section 6(1) of the Industrial and Provident Societies Amendment Act 1981 is hereby consequentially repealed.

    (6) Section 2(2) of the Industrial and Provident Societies Amendment Act 1979 is hereby consequentially repealed.

5 Transitional provisions applying to liquidation of societies
  • [Repealed]

    Section 5: repealed, on 5 December 2013, by section 14 of the Companies Amendment Act 2013 (2013 No 111).


Eprint notes
1 General
  • This is an eprint of the Industrial and Provident Societies Amendment Act 1993 that incorporates all the amendments to that Act as at the date of the last amendment to it.

2 About this eprint
  • This eprint is not an official version of the legislation under section 18 of the Legislation Act 2012.

3 Amendments incorporated in this eprint
  • Companies Amendment Act 2013 (2013 No 111): section 14