Eden Park Trust (Trust Deed Amendment) Order 2016

2016/45

Coat of Arms of New Zealand

Eden Park Trust (Trust Deed Amendment) Order 2016

Jerry Mateparae, Governor-General

Order in Council

At Wellington this 7th day of March 2016

Present:
His Excellency the Governor-General in Council

This order is made under section 8(1) of the Eden Park Trust Act 1955 on the advice and with the consent of the Executive Council.

Order

1 Title

This order is the Eden Park Trust (Trust Deed Amendment) Order 2016.

2 Commencement

This order comes into force on the day after the date of its notification in the Gazette.

3 Schedule of Eden Park Trust Act 1955 amended

In the Eden Park Trust Act 1955, Schedule, replace clause 20.7 with:

20.7

A person appointed as a Trustee shall hold office for the term specified in the instrument of appointment which term shall not be more than three years. A person appointed as a Trustee, who remains eligible to be appointed as a Trustee, may be reappointed as a Trustee for additional further periods of up to three years, provided however that no Trustee shall remain a Trustee of the Trust for a continuous period exceeding nine years. A former Trustee who has not been a Trustee for at least three years shall be eligible for appointment as if he or she had never been a Trustee.

Michael Webster,
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, which comes into force on the day after the date of its notification in the Gazette, amends the Schedule of the Eden Park Trust Act 1955 to reflect an alteration to clause 20.7 of the trust deed made by the trustees. The alteration removed the limit on the number of terms that a trustee may serve but kept 9 years as the maximum consecutive period of time that a trustee may serve.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 10 March 2016.

This order is administered by the Ministry for Culture and Heritage.