The Parliament of New Zealand enacts as follows:
This Act is the Chatham Islands Council Amendment Act 2002.
In this Act, the Chatham Islands Council Act 1995 is called “the principal Act”.
“the principal Act”
This Act comes into force on the day after the date on which it receives the Royal assent.
Section 16 of the principal Act is amended by inserting, after subsection (3), the following subsection:
A person required by notice under subsection (3) to collect council dues on behalf of the Chatham Islands Council—
holds the dues collected in trust for the Chatham Islands Council; and
must pay those dues into a separate account at a bank.
Section 16 of the principal Act is amended by inserting, after subsection (5), the following subsections:
If a person required by notice under subsection (3) to collect council dues does not pay them to the Chatham Islands Council in accordance with subsection (5), the Chatham Islands Council may—
add to the amount owing a penalty of 10% of the amount owing; but
remit all or part of a penalty added under paragraph (a).
Subsection (5A) applies only to council dues that are payable 3 months or more after the commencement of the Chatham Islands Council Amendment Act 2002.
12 December 2002
Divided from Statutes Amendment Bill (No 2) (Bill 198-2), third reading