Jerry Mateparae, Governor-General
At Wellington this 22nd day of June 2015
Present:His Excellency the Governor-General in Council
Pursuant to section 5 of the Health Sector (Transfers) Act 1993, His Excellency the Governor-General makes the following order, acting—
on the advice and with the consent of the Executive Council; and
on the recommendation of the transferring Ministers.
This order is the Health Sector Transfers (NZ Health Partnerships Limited) Order 2015.
This order comes into force on 1 July 2015.
The proposal set out in the Schedule is approved.
The proposal set out in the Schedule takes effect on 1 July 2015.
It is declared that on and from 1 July 2015—
a reference to the transferor in any regulations, order, notice, or document is deemed to be a reference to the transferee; and
the transferee assumes the rights and obligations of the transferor in respect of applications for rights, objections, or proceedings before any court, authority, or other person; and
this order is deemed to be notice to all persons, and specific notice need not be given to any authority or other person.
The Registrar of Companies is directed to register or record the declaration.
The Health Reforms (Transfer of Assets and Liabilities of Health Benefits Limited) Order 2000 (SR 2000/279) is revoked.
cls 3, 4
This proposal has been prepared in accordance with section 5 of the Health Sector (Transfers) Act 1993 for the purpose of transferring all the assets and liabilities of Health Benefits Limited to NZ Health Partnerships Limited.
The transferor is Health Benefits Limited.
The transferee is NZ Health Partnerships Limited.
The assets to be transferred to the transferee are all the assets for the time being of the transferor.
The liabilities to be transferred to the transferee are all the liabilities for the time being of the transferor.
The value attributed to the assets to be transferred is $610,381,000.
The value attributed to the liabilities to be transferred is $600,224,000.
The transferor is to transfer the assets referred to in clause 4 without receiving any asset in return.
The transfer date is 1 July 2015.
This proposal is dated 11 June 2015 and is signed by the transferring Ministers, Simon William English, Minister of Finance, and Jonathan David Coleman, Minister of Health.
Michael Webster,Clerk of the Executive Council.
This note is not part of the order, but is intended to indicate its general effect.
This order comes into force on 1 July 2015. It transfers all the assets and liabilities of Health Benefits Limited to NZ Health Partnerships Limited, which is a subsidiary of the 20 District Health Boards.
Issued under the authority of the Legislation Act 2012.
Date of notification in Gazette: 25 June 2015.
This order is administered by the Ministry of Health.