State-Owned Enterprises Order 1994

1994/87

State-Owned Enterprises Order 1994

PURSUANT to section 10A of the State-Owned Enterprises Act 1986 (as inserted by section 2 of the State-Owned Enterprises Amendment Act 1992), Her Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby makes the following order.

Order

1 Title and commencement
  • (1) This order may be cited as the State-Owned Enterprises Order 1994.

    (2) Except as provided in subclause (3), this order shall come into force on 1 July 1994.

    (3) Clauses 3 to 5 shall come into force on 2 July 1994.

2 Addition to Schedule 2 of State-Owned Enterprises Act 1986
3 Addition to Schedule 1 of State-Owned Enterprises Act 1986
4 Addition to Schedule 1 of Ombudsmen Act 1975
5 Addition to Schedule 14 of Income Tax Act 1976
  • [Revoked]

    Clause 5 was revoked, as from 1 April 2005, by section YA 2 Income Tax Act 2004 (2004 No 35).

MARIE SHROFF,

Clerk of the Executive Council.


Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order provides for Trans Power New Zealand Limited, a wholly owned subsidiary of Electricity Corporation of New Zealand Limited, to become a state enterprise.

Clause 2, which comes into force on 1 July 1994, adds the name of the company to Schedule 2 of the State-Owned Enterprises Act 1986. The addition of the name of the company to Schedule 2 will enable the Crown to acquire the shares in the company.

Clause 3, which comes into force on 2 July 1994, adds the name of the company to Schedule 1 of the State-Owned Enterprises Act 1986. The company will thus become a State enterprise under the Act on that date.

Clause 4, which comes into force on 2 July 1994, includes the name of the company in Part 2 of Schedule 1 of the Ombudsmen Act 1975. The company will thus become subject to that Act and to the Official Information Act 1982 on the same date.

Clause 5, which comes into force on 2 July 1994, includes the name of the company in Schedule 14 of the Income Tax Act 1976 (which Schedule relates to the grouping of tax losses).


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 2 June 1994.

This order is administered by the Treasury.