National Bank of New Zealand Limited Act Commencement Order 1994

1994/88

National Bank of New Zealand Limited Act Commencement Order 1994


Note

This order is administered in the Reserve Bank of New Zealand.


PURSUANT to section 1(3) of the National Bank of New Zealand Limited Act 1994, Her Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby makes the following order.

1 Title
  • This Order may be cited as the National Bank of New Zealand Limited Act Commencement Order 1994.

2 Commencement of sections 4 to 10, 13, 14, and 15 of National Bank of New Zealand Limited Act 1994

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 brings into force, on 1 July 1994, sections 4 to 10, 13, 14, and 15 of the National Bank of New Zealand Limited Act 1994. The effect of the order is that on that date—

  • (a) The undertaking of The Rural Bank Limited is transferred to The National Bank of New Zealand Limited; and

  • (b) The Rural Bank Limited is dissolved.


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

Date of notification in Gazette: 2 June 1994.