Reserves Amendment Act 2005

Reserves Amendment Act 2005

Public Act2005 No 68
Date of assent16 May 2005

The Parliament of New Zealand enacts as follows:

1 Title
  • (1) This Act is the Reserves Amendment Act 2005.

    (2) In this Act, the Reserves Act 1977 is called the principal Act.

2 Commencement
  • This Act comes into force on the day after the date on which it receives the Royal assent.

3 Meeting of Boards
  • Section 32 of the principal Act is amended by repealing subsection (2), and substituting the following subsection:

    • (2) An annual meeting of the Board must be held within 2 months after the end of the financial year.

4 Unauthorised expenditure
  • Section 81 of the principal Act is amended by omitting the expression $100, and substituting the expression $500.

Legislative history

10 May 2005Divided from Statutes Amendment Bill (No 4), third reading