Farmers' Mutual Group Act 2007 Commencement Order 2008

2008/12

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Farmers' Mutual Group Act 2007 Commencement Order 2008

Dame Sian Elias, Administrator of the Government

Order in Council

At Wellington this 18th day of February 2008 

Present:
Her Excellency the Administrator of the Government in Council

Pursuant to section 2(2) of the Farmers' Mutual Group Act 2007, Her Excellency the Administrator of the Government, acting on the advice and with the consent of the Executive Council, makes the following order.

Order

1 Title
  • This order is the Farmers' Mutual Group Act 2007 Commencement Order 2008.

2 Commencement of provisions of Farmers' Mutual Group Act 2007

Diane Morcom,
Clerk of the Executive Council.

Explanatory note

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

The Farmers' Mutual Group Act 2007 (the Act) is a private Act to—

  • remove the Farmers' Mutual Insurance Association (FMIA) from the jurisdiction of the Mutual Insurance Act 1955:

  • rename the FMIA the Farmers' Mutual Group:

  • incorporate the Farmers' Mutual Group as a mutual association with the powers, capacity, and governance regime of a company under the Companies Act 1993.

Sections 1 and 2 and Part 1 of the Act came into force on 23 August 2007 (being the day after the date on which the Act received the Royal assent).

This order brings into force, on 1 April 2008, the rest of the Act, including—

  • Part 2 (which relates to the incorporation and governance of the Farmers' Mutual Group); and

  • the Schedule (which contains the form for the annual return of the Farmers' Mutual Group).


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

Date of notification in Gazette: 21 February 2008.

This order is administered by the Ministry of Economic Development.