Any person who by reason of the Superannuation Emergency Regulations 1940 was unable to retire from service on superannuation when he desired so to do shall be entitled to receive from moneys appropriated by Parliament to the purpose such amount by way of bonus as the Minister of Finance may in his discretion determine.

Whereas the Hamilton City Council (in this section referred to as the Council) has expended certain moneys from its General Account in respect of the cost of 3 transit housing centres to be established in the City of Hamilton under the Local Authorities (Temporary Housing) Emergency Regulations 1944:

And whereas it will be necessary to expend further moneys for the purpose of completing those works, and it is estimated that the total cost of the works will exceed 25,000 pounds:

And whereas the Council proposes to raise 3 loans under the authority of the said regulations for the purpose of meeting the cost of the works and has expended a sum of approximately 16,000 pounds from its General Account in anticipation of the necessary authority being granted to the raising of the said loan:

And whereas it is expedient to authorise the Council, out of the proceeds of the loans, when raised, to refund to its General Account a sum not exceeding 16,000 pounds.

Be it therefore enacted as follows:

The Council is hereby authorised to refund to its General Account out of the proceeds of the said loans when raised a sum or sums not exceeding in all 16,000 pounds.

Amendment(s) incorporated in the Act(s).

Notwithstanding anything to the contrary in paragraph (d) of subsection (1) of section 5 of the Bank of New Zealand Act 1945, if the Registrar of Stock is satisfied that any tax-free non-transferable stock was issued under paragraph (b) of subsection (1) of section 3 of that Act to any person or persons entitled to receive the stock as the trustee or trustees under any trust, and that any such person has ceased to be a trustee or any other person has become a trustee under the trust, a transfer of the stock to the trustee or trustees under the trust for the time being may be registered.

Notwithstanding the provisions of subsection (2) of section 23 of the Linen Flax Corporation Act 1945, it is hereby declared that Joseph William Hadfield, Esquire, Manager of the Linen Flax Corporation of New Zealand, and formerly an officer of the Public Service employed in the Department of Scientific and Industrial Research, shall remain and be deemed to have always remained an officer of the Public Service during and in respect of the period of his engagement with the Corporation.