In this section, unless the context otherwise requires,—

The executor or administrator of the estate of any person who died during the prescribed period may apply in writing to the Commissioner within 6 months after the passing of this Act, or within such extended time (not exceeding a further 12 months) as the Commissioner in any case allows, to have the value of the sheep owned by the deceased person at the date of his death reduced to the basic value.

Every such application shall be accompanied by certificates of valuations of the sheep certified by an approved valuer as having been made by him as at the effective dates on the basis that the climatic and all other local conditions at the effective dates were the same as those prevailing at the date of death, and also certified as having been approved by a meeting of the members of the constituent association of the New Zealand Stock and Station Agents’ Association of which the employer of the approved valuer is a member.

Where application is duly made in accordance with this section—

and all assessments of any such income tax, social security charge, or death duty shall be made accordingly or if already made shall be amended accordingly.

All income tax, social security charge, and death duty paid in excess of the amount payable under an assessment made or amended in accordance with this section shall be refunded without further authority than this section.

In this section—

The Governor-General in Council may appoint a Commission under the Commissions of Inquiry Act 1908 to inquire into and report upon cases where a beneficiary claims that he does not desire to sell the farm land or farm stock but is or will be forced to sell the same or a substantial part thereof if payment in full of the death duty in the estate of the deceased farmer is enforced.

If in any such case the Commission appointed as aforesaid is satisfied that the claim has been established and that a sale of the farm land or farm stock or a substantial part thereof would be contrary to the general economic interests of New Zealand in that it would result or would be likely to result in reduced primary production, the Commission may recommend that relief as hereinafter provided should be granted.

The Commissioner of Stamp Duties, with the approval of the Minister of Finance, may in accordance with the report and recommendation of the Commission and without further authority than this section do all or any of the following things:

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

It shall be lawful and be deemed to have been lawful for any local authority or public body to expend moneys out of its general fund or account for the purpose of making contributions in response to the appeal made by the United Nations in the year 1952 to a fund established and to be used to provide food for the relief of distressed children in overseas countries.

It is lawful and is deemed to have been lawful for any local authority or public body to expend money out of its general fund or account for the purpose of making contributions to the Royal New Zealand Foundation of the Blind.

The payment by the Council of Governors of Nelson College of the sum of 100 pounds during the financial year ending with 31 January 1953 to the Lord Rutherford Memorial Fund is hereby validated and declared to have been lawfully made.

Tuesday 2 June 1953, being the date fixed for Her Majesty’s coronation (in this section referred to as Coronation Day), is hereby declared to be a public holiday.

All factories, shops, offices, business premises, constructional work, and other undertakings, other than those carrying on any essential work or service, shall be closed throughout the whole of Coronation Day, and for the purpose of calculating the hours of work of any worker during the week in which Coronation Day falls, Coronation Day shall be deemed to be a day worked for the number of hours usually worked by that worker for his employer on that day of the week, although no work may actually be done by that worker on Coronation Day, and he shall receive payment accordingly.

Where any worker is required to work on Coronation Day for the purpose of carrying on any essential work or service he shall, in addition to the payment to which he is entitled under the last preceding subsection, be paid for the time worked on Coronation Day at not less than the ordinary rate, or, if the employer and the worker so agree, shall within 1 month be allowed equivalent time off work on a later day convenient to the employer, and shall receive payment at not less than the ordinary rate in respect of the time so allowed off work.

For the purposes of this section the term the company means Kamo Collieries Limited, Star Coal Company Limited, or Linton Coal Company Limited, as the case may require.

On the passing of this Act Kamo Collieries Limited, Star Coal Company Limited, and Linton Coal Company Limited shall be deemed to be dissolved, and all the real and personal property, contracts, rights of action and other rights, obligations, and liabilities of the company shall be deemed to become property, contracts, rights, obligations, and liabilities of Her Majesty the Queen for the purposes of Part 3 of the Coal Mines Act 1925 without the necessity of any instrument of transfer, assignment, or other assurance.

The dissolution of the company shall be reported by the Minister of Mines or by some person authorised by the Minister in that behalf to the appropriate Assistant Registrar of Companies, who shall make in his books a minute of the dissolution of the company.

All lands and coal mines vested in Her Majesty by this section and all property formerly acquired from the company by the Crown and remaining vested in Her Majesty on the passing of this Act shall be deemed to be subject to Part 3 of the Coal Mines Act 1925, and shall be held and dealt with thereunder and not otherwise.

Every estate, right, title, or interest of the company in or to or under any real or personal property or any contract or agreement shall pass by this Act, notwithstanding that the consent or approval of any person, body, or authority may be requisite for the assignment thereof by the company, or that it is not capable of assignment apart from the provisions of this section.

Notwithstanding anything in any other Act, where any real or personal property or right becomes vested in Her Majesty by virtue of this section and the title of the company thereto is or should have been entered in any register required by law to be kept, the Registrar or company or other person whose duty it is to keep that register shall, on the request in writing of the Minister of Mines or of any other person authorised by the Minister in that behalf, without payment of any fee, enter in the register the name of Her Majesty the Queen as the owner of that property or right.

No estate or interest of the company in any real or personal property shall upon its vesting in Her Majesty pursuant to this section merge in any other estate or interest in that property already held by Her Majesty or be in any way affected by reason of the fact that the title thereto consists in a grant or demise issued by Her Majesty or issued in respect of Crown lands; and every such estate or interest shall continue to subsist for the purposes of Part 3 of the Coal Mines Act 1925.

The Minister of Mines or any other person authorised in that behalf by the Minister may from time to time exercise on behalf of Her Majesty all or any of Her Majesty’s rights and powers as owner of the property, contracts, and rights vested in Her Majesty by this section.

Price Order No 1277 made under the Control of Prices Act 1947 and published in the Gazette on 9 August 1951 shall be deemed to have come into force on 1 July 1951.