Act Repealed Latest version as at 14 August 1986 (as enacted) | 1986 No 53

Dairy Board Amendment Act 1986

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Secretary to the Treasury and Governor of the Reserve Bank to cease to be members of Dairy Industry Loans Council

Dairy Board Amendment Act 1986

Public Act		1986 No 53
Date of assent		14 August 1986

	Title
1	Short Title and commencement
2	Secretary to the Treasury and Governor of the Reserve Bank to cease to be members of Dairy Industry Loans Council
	Administrative information

An Act to amend the Dairy Board Act 1961

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 and commencement

(1)

This Act may be cited as the Dairy Board Amendment Act 1986, and shall be read together with and deemed part of the Dairy Board Act 1961 (hereinafter referred to as the principal Act).

(2)

This Act shall come into force on the day on which it receives the Governor-General’s assent.

2 Secretary to the Treasury and Governor of the Reserve Bank to cease to be members of Dairy Industry Loans Council

(1)

Section 58(2) of the principal Act (as substituted by section 13(1) of the Dairy Board Amendment Act 1980) is hereby amended by repealing paragraph (b) and paragraph (e).

(2)

Section 61 of the principal Act is hereby consequentially amended by repealing subsection (1) (as substituted by section 13(2) of the Dairy Board Amendment Act 1980), and substituting the following subsection:

“(1)

In the absence from any meeting of the Council of any member specified in paragraph (c) or paragraph (d) of section 58(2) of this Act, any officer of the Ministry of Agriculture and Fisheries or of the Rural Banking and Finance Corporation of New Zealand, as the case may be, authorised by him in that behalf may attend that meeting in his stead, and while so attending shall be deemed to be a member of the Council; and the fact that any such officer attends and acts as a member at any such meeting shall be conclusive proof of his authority to do so.”

(3)

Section 62(3) of the principal Act (as amended by section 13(3) of the Dairy Board Amendment Act 1980) is hereby consequentially amended by omitting the expression “5”, and substituting the expression “3”.

(4)

Section 13 of the Dairy Board Amendment Act 1980 is hereby consequentially amended by repealing subsections (2) and (3).

This Act is administered in the Ministry of Agriculture and Fisheries.

Dairy Board Amendment Act 1986