(2) Notwithstanding any other enactment or rule of law, it shall not be necessary to complete or register a transfer of shares of the kind referred to in subsection (1) consequent upon a change in the person holding office as that Minister of the Crown.
(4) A Minister of the Crown who holds shares in The Shipping Corporation of New Zealand Limited may at any time or times, by written notice to the secretary of The Shipping Corporation of New Zealand Limited, authorise (on such terms and conditions as are specified in the notice) such person as that Minister thinks fit to act as that Minister's representative at any or all of the meetings of shareholders of The Shipping Corporation of New Zealand Limited or of any class of such shareholders, and any person so authorised shall be entitled to exercise the same powers on behalf of that Minister as that Minister could exercise if present in person at the meeting or meetings.