New Zealand Legislation: Acts

28 Dissolution of Tainui Maori Trust Board

• (1) In this section and in Schedule 4 to this Act,—

  Appointed day means the date of commencement of this section

  Successor means the body corporate or other person named as the successor to the Trust Board by the Governor-General by Order in Council

  Trust Board means the Tainui Maori Trust Board.

  (2) On the appointed day,—

  • (a) The undertaking of the Trust Board shall, by virtue of this section, vest in the successor; and

  • (b) The Trust Board shall be deemed to be dissolved; and

  • (c) Every person holding office as a member of the Trust Board shall cease to hold that office.

  (3) The provisions of Schedule 4 to this Act shall apply in respect of the dissolution of the Trust Board, and the vesting of its undertaking in the successor, under this section.

  (4) The following enactments are hereby repealed:

  • (a) Section 7 of The Maori Trust Boards Act 1955:

  • (b) Section 12 of The Maori Purposes Act 1968.