Finance Act 1941

  • repealed
  • Finance Act 1941: repealed, on 3 June 2017, by section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).

Reprint as at 3 June 2017

Coat of Arms of New Zealand

Finance Act 1941

Public Act
1941 No 4
Date of assent
27 August 1941
27 August 1941

Finance Act 1941: repealed, on 3 June 2017, by section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).


Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

This Act is administered by the Treasury.


1Short Title
2Increasing borrowing powers in respect of war expenses [Repealed]
3Empowering Minister of Finance to borrow £1,000,000 for electric power works [Repealed]
4Increase of borrowing powers in respect of State coalmines [Repealed]
5Authorising issue of stock certificates for multiples of £5 [Repealed]
6Additional revenue to be paid into War Expenses Account
7Authorising payment of additional subsidies from Consolidated Fund into several superannuation funds [Repealed]
8Responsible Ministry may make advances by way of loan on account of goods of a kind that the Ministry is authorised to purchase [Repealed]
9Authorising payment of harbour dues out of Housing Account [Repealed]
10Validating a certain payment to Napier Harbour Board in connection with Napier housing scheme
11Exemption from stamp duty of receipts for travelling allowances [Repealed]
12Increasing annual licence duty payable by agents of foreign insurers [Repealed]
13Amending definition of foreign insurance company [Repealed]
14Elections by contributors to superannuation funds to accept reduced pensions in order to make provision for dependants not to be taken into account for purposes of gift duty or stamp duty [Repealed]
15Allowances may be declared to be pay or salary for superannuation purposes [Repealed]
16Regulations prescribing rates of remuneration for married training college students and for certain classes of married teachers may operate from 1 October 1940 [Repealed]
17Increasing rate of allowances under War Veterans’ Allowances Act 1935 [Repealed]
18This Part to be read with Social Security Act 1938 [Repealed]
19Commencement of next 4 sections [Repealed]
20Increasing rates of age benefits in respect of wife and children [Repealed]
21Family benefits to be payable in respect of first child [Repealed]
22Increasing maximum rate of invalids’ benefits [Repealed]
23Increasing rate of sickness benefits in respect of children [Repealed]
24Collection of social security charge and national security tax from trustees [Repealed]
25Valuation of farmers’ livestock at beginning of year ended 31 March 1940 [Repealed]
26Liability for rates on properties acquired by Crown [Repealed]
27Crown not liable for rates in respect of improvements made for war purposes [Repealed]
28Governor-General may authorise investment of loan moneys in Government securities [Repealed]
29Extension of existing sinking funds to repayment loans [Repealed]
30Local authorities may act as one another’s agents in collection of moneys
31Extending authority of Hospital Boards to borrow during financial year ended 31 March 1941 [Repealed]
32Validating certain expenditure by Fire Boards
33As to payment of employees of local authorities on naval, military, or air service
34Validating Government subsidies for centennial memorials in anticipation of grants from local authorities [Repealed]
35Validating expenditure by local authorities in farewelling Their Excellencies Viscount Galway and Lady Galway, and welcoming Their Excellencies Sir Cyril and Lady Newall
36Validating certain payments by Wellington Education Board
37Disqualification provisions as to members of General Assembly not to apply to certain payments
38Validating payment of members’ travelling expenses for 1940 session
39Buildings hired by Crown to dairy companies for accommodation of workers to remain property of Crown
40Payments from Government funds to a certain superannuated public servant not to affect rights of superannuation
41Validating a certain payment by Dunedin Savings-bank
42Validating a certain payment by Hokitika Savings-bank
43Special provisions as to reconstruction of certain companies that issued debentures in substitution for shares
Reprint notes

An Act to make provision with respect to public finance and other matters