New Zealand Legislation: Bills

17 Amendments to Mutual Insurance Act 1955

• (1) This section amends the Mutual Insurance Act 1955.

  (2) Section 30(10)(d) is amended by—

  • (a) omitting “a mentally disordered person within the meaning of the Mental Health (Compulsory Assessment and Treatment) Act 1992, or becomes”; and

  • (b) inserting “(other than an order under section 30 of that Act)” after “1988”.

  (3) Section 30 is amended by inserting the following subsection after subsection (10):

  • “(10A) A person's office as director is suspended while the director is subject to a property order made under section 30 of the Protection of Personal and Property Rights Act 1988 (which relates to temporary orders) and, during that period,—

    • “(a) the person is deemed to have been granted leave of absence by the Board; and

    • “(b) the person is not capable of acting as a director.”