Act Repealed Latest version as at 03 January 1853 (as enacted) | 1853 No 3

Bank Charters Amendment Act 1853

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Contents

Preamble.

Fifth regulation in the second clause repealed, and another regulation substituted in its place.

Commencement.

Bank Charters Amendment Act 1853

Public Act		1853 No 3
Date of assent		3 January 1853

	Title
	Preamble.

No. III.

An Ordinance to amend “The Bank Charters Ordinance,” No. 13, Session XI.

Preamble.

WHEREAS it is expedient to amend the fifth regulation contained in the second clause of an Ordinance enacted by the Governor- in-Chief of New Zealand, with the advice and consent of the Legislative Council thereof, (Session XI., No. 13,) intituled “An Ordinance to authorize the Governor-in-Chief to grant Charters of Incorporation to Banking Companies:”

Be it enacted by the Governor-in-Chief of New Zealand, with the advice and consent of the Legislative Council thereof, as follows:—

1 Fifth regulation in the second clause repealed, and another regulation substituted in its place.

The fifth regulation contained in the second clause of the above in part recited Ordinance is hereby repealed, and the following regulation is substituted for the same:—

Suspension of payments on demand at any of the Company’s establishments for such period or periods as may be prescribed in the Charter shall forfeit the Charter of the Company.

2 Commencement.

This Ordinance shall come into operation from and after the day of the passing hereof.

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Bank Charters Amendment Act 1853