Co-operative Dairy Companies Amendment Act 1950
Co-operative Dairy Companies Amendment Act 1950
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Co-operative Dairy Companies Amendment Act 1950
Co-operative Dairy Companies Amendment Act 1950
Public Act |
1950 No 45 |
|
Date of assent |
10 November 1950 |
|
Contents
An Act to Amend the Co-operative Dairy Companies Act, 1949.
BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—
1 Short Title.
1949, No. 22
This Act may be cited as the Co-operative Dairy Companies Amendment Act, 1950, and shall be read together with and deemed part of the Cooperative Dairy Companies Act, 1949 (hereinafter referred to as the principal Act).
2 Functions of Minister of Stamp Duties transferred to Minister of Justice.
Section seventeen of the principal Act is hereby amended by omitting from subsection two, and also from subsection three and subsection five, the words “Minister of Stamp Duties”
wherever they occur, and substituting in each case the words “Minister of Justice”
.
3 Validating surrenders of shares by certain companies.
The principal Act is hereby amended by adding the following section:—
“30
Where a company (not being registered as a co-operative dairy company under Part III of the Dairy Industry Act, 1908, or under this Act) becomes registered on or before the twentieth day of October, nineteen hundred and fifty-one, as a co-operative dairy company under this Act, all surrenders of shares accepted by the company before the commencement of this section, and while the company was not so registered, which would have been valid if the company at the date of the surrender had been registered as a co-operative dairy company under the said Part III or under this Act shall be deemed to have been validly and lawfully accepted.”
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Versions
Co-operative Dairy Companies Amendment Act 1950
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