Dairy Industry Restructuring Amendment Act 2005

Dairy Industry Restructuring Amendment Act 2005

Public Act2005 No 99
Date of assent14 December 2005

The Parliament of New Zealand enacts as follows:

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

3 Use of redeemable preference shares
  • (1) Section 104(2) of the principal Act is amended by omitting the words the surrender amount, and substituting the words that part of the total value of equities surrendered.

    (2) Section 104(3) of the principal Act is amended by omitting the words the surrender amount referred to in subsection (2), and substituting the words any surrender amount that falls within the total value of equities covered by subsection (2).


Legislative history

8 December 2005Divided from Statutes Amendment Bill (No 5) (Bill 249-2), third reading