New Zealand Legislation: Acts
Acts are laws made by Parliament
Reprint as at 1 April 2005
| Public Act | 1993 No 147 |
| Date of assent | 28 September 1993 |
| Commencement | see section 1 |
Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.
A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.
This Act is administered by the Ministry of Economic Development.
1 Short Title and commencement
4 Principal objective of company
9 Saving of certain transactions
Part 2
Acquisition by the Crown of shares in the company
10 Acquisition by the Crown of shares in company
11 Application of Companies Act 1955
12 Shareholding Ministers may subscribe for additional shares
14 Further provisions relating to Ministers' shareholding
15 Shareholding Ministers may determine dividend
Part 3
Transfer of assets to the company
16 Transfer of Crown assets and liabilities to company
17 Assets relating to land and interests in land may be transferred separately
18 Further provisions relating to transfer of assets and liabilities
19 Provisions relating to transfer of land
20 Modification of provisions of Public Works Act 1981
22 Transfer of land not to constitute a subdivision or development
23 Uses deemed to be permitted activity
27 Orders in Council relating to transfer of assets and liabilities
28 Relationship with other enactments
Part 4
Miscellaneous provisions
30 Auditor-General to be auditor of company and subsidiaries
31 Certain provisions not to apply if Crown ceases to hold controlling interest in company
32 Amendment to Ombudsmen Act 1975
33 Amendment to Income Tax Act 1976 [Repealed]
34 Amendment to Official Information Act 1982
35 Amendment to Public Finance Act 1989
An Act—
(a) to provide for the acquisition by the Crown of shares in the capital of a company incorporated under the Companies Act 1955; and
(b) to provide for the vesting in that company of the assets and liabilities of the Southland Electric Power Supply; and
(c) to provide for related matters
