New Zealand Legislation: Acts

7 Establishment of Board

• (1) The New Zealand Racing Board (the Board) is established as a body corporate with perpetual succession.

  (2) The Board has, both within and outside New Zealand,—

  • (a) full capacity to carry on or undertake any business or activity, do any act, or enter into any transaction; and

  • (b) for the purposes of paragraph (a), full rights, powers, and privileges.

  (3) Subsection (2) applies subject to this Act, any other Act, and the general law of New Zealand.

  Compare: 1971 No 155 s 3