Act Repealed Latest version as at 03 June 2017 | 1963 No 104 | Administered by Treasury

National Expenditure Adjustment Amendment Act 1963

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Contents

Short Title

Repealing provisions for reduction of dividends on cumulative preference shares

End.reprint-note

Reprint as at 3 June 2017

National Expenditure Adjustment Amendment Act 1963

Public Act		1963 No 104
Date of assent		23 October 1963

National Expenditure Adjustment Amendment Act 1963: repealed, on 3 June 2017, pursuant to section 3(1) of the Statutes Repeal Act 2017 (2017 No 23).

Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this eprint. See the notes at the end of this eprint for further details.

	Title
1	Short Title
2	Repealing provisions for reduction of dividends on cumulative preference shares
	Reprint notes

An Act to amend the National Expenditure Adjustment Act 1932

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

This Act may be cited as the National Expenditure Adjustment Amendment Act 1963, and shall be read together with and deemed part of the National Expenditure Adjustment Act 1932 (hereinafter referred to as the principal Act).

2 Repealing provisions for reduction of dividends on cumulative preference shares

(1)

The following enactments are hereby repealed:

(a)

Section 41 of the principal Act:

(b)

Paragraph (c) of subsection (1) of section 84 of the Mortgagors and Lessees Rehabilitation Act 1936.

(2)

Notwithstanding the repeal of section 41 of the principal Act, the provisions of that section shall, in relation to the cumulative preference shares issued by any company, continue to apply, as if it has not been repealed, with respect to those shares until the expiration of the financial year of the company that was current immediately before the passing of this Act.

Eprint notes

1 General

This is an eprint of the National Expenditure Adjustment Amendment Act 1963 that incorporates all the amendments to that Act as at the date of the last amendment to it.

2 About this eprint

This eprint is not an official version of the legislation under section 18 of the Legislation Act 2012.

3 Amendments incorporated in this eprint

Statutes Repeal Act 2017 (2017 No 23): section 3(1)

National Expenditure Adjustment Amendment Act 1963