Finance Act 1948

  • repealed
  • Finance Act 1948: repealed, on 3 June 2017, by section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).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 1948

Public Act
1948 No 35
Date of assent
12 November 1948
12 November 1948

Finance Act 1948: repealed, on 3 June 2017, by section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).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
2Power to issue stock to pay liability to Reserve Bank due to alteration of exchange rate [Repealed]
3Vesting in Crown of remaining shares in capital of Bank of New Zealand [Repealed]
4Authorising Marine Department to operate cargo and passenger ships, and to insure cargo [Repealed]
5Validating excess unauthorised expenditure
6Abolition of overseas-passenger duty [Repealed]
7Appropriation of moneys for construction and maintenance of main highways [Repealed]
8Amending provisions as to Electric Supply Account [Repealed]
9Execution of documents on behalf of State Advances Corporation [Repealed]
10Salaries of nominated members of Court of Arbitration [Repealed]
11Countersigning of cheques by or on behalf of Audit Office
12Abolishing export duty on uncoined gold
13Reducing sales tax on omnibuses and tramcars to 10% [Repealed]
14Saving of existing rights of action
15Revocation of certain resolutions
16Extending time for applications for refunds of duty on motor spirits [Repealed]
17This Part to be read with Death Duties Act 1921 [Repealed]
18Allowance for rates in determining final balance of estate [Repealed]
19Exempting gifts to United Nations appeal for children from gift duty [Repealed]
20Inquiries and investigations [Repealed]
21Validating contributions by local authorities to British Empire Cancer Campaign Society (Incorporated)
22Validating contributions by local authorities to United Nations appeal for children
23Authorising and validating contributions by local authorities to Hamilton Tornado Relief Fund
24Authorising and validating expenditure by local authorities in respect of visit of Their Majesties the King and Queen and Her Royal Highness Princess Margaret
25Validating grants made by Provincial Patriotic Councils to Returned Services Associations
26Empowering certain local authorities and transport boards to make payments to the Public Passenger Transport Association, Incorporated, and to pay certain travelling expenses
27Validating arrangement made by State Advances Corporation, New Plymouth Borough Council, and Methodist Trustees for demolition of a termite-infested dwelling and erection of a new dwelling in its place
28Leave of absence for members of General Assembly attending Empire Parliamentary Conference at London
29Members of General Assembly not to be disqualified by receipt of certain travelling allowances and legal costs
30Extension of time for making claims and commencing proceedings arising out of BaIlantyne’s fire
31Annual statements by building and investment societies and trading companies under National Expenditure Adjustment Act 1932 [Repealed]
32Enabling retired officers to be appointed to Public Service Appeal Board [Repealed]
33Extension of scheme for wheat research [Repealed]
Reprint notes

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