Tower Corporation Act 1990

  • This version was replaced on 2 May 2017 to make a correction to section 21(3) under section 25(1)(j)(iii) of the Legislation Act 2012.

Reprint as at 1 April 2008

Coat of Arms of New Zealand

Tower Corporation Act 1990

Private Act
 
1990 No 2
Date of assent
 
26 July 1990
Commencement
 
see section 1
Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.

A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.

Contents

Title
Preamble
Part 1
Preliminary
1Short Title and commencement
2Interpretation
3Content of proposed bylaws
Part 2
Tower Corporation
[Repealed]
4Tower Corporation [Repealed]
5Protection of name [Repealed]
6No Crown liability [Repealed]
7Application of other Acts [Repealed]
8Contributors to Government Superannuation Fund [Repealed]
Part 3
Application of Companies Act 1955 to Corporation
[Repealed]
9Application of Companies Act 1955 [Repealed]
10Rights of classes of members [Repealed]
11Corporation to provide abstract of accounts to certain members [Repealed]
11ASub-register of members [Repealed]
12Bylaws [Repealed]
13Membership criteria [Repealed]
14Members’ liability [Repealed]
Part 4
Conversion to company
15Scheme for conversion
16Application to High Court
17Meeting of members to approve scheme for conversion of Corporation into company under Companies Act 1955
18Application for final confirmation of scheme for conversion
19Registrar to register Corporation as a company on receipt of certain documents
20Issue of shares
21Consequential provisions on conversion of Corporation
22Consequential provisions relating to employment
23Certain matters not affected by conversion of Corporation
24Enforceability of rights and liabilities altered by or arising under scheme for conversion
25Liability of shareholders of company
26Taxes and duties
27Repeals
28Register entries relating to Government Insurance Commissioner and Government Life Insurance Corporation
29Change of name of Tower Corporation
30Register entries relating to Corporation on conversion to company
Part 5
Miscellaneous
31Consequential repeals and amendments
32Regulations
33Private Act
Schedule 1
Provisions of Companies Act 1955 that do not apply to Corporation
Schedule 2
Ancillary savings and transitional provisions
[Repealed]
Reprint notes

An Act to provide for the restructuring of Tower Corporation and to permit that Corporation to be further restructured