Auckland Airport Amendment Act 1988
Auckland Airport Amendment Act 1988
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Auckland Airport Amendment Act 1988
Auckland Airport Amendment Act 1988
Public Act |
1988 No 18 |
|
Date of assent |
28 March 1988 |
|
Contents
An Act to amend the Auckland Airport Act 1987
BE IT ENACTED by the Parliament of New Zealand as follows:
1 Short Title
This Act may be cited as the Auckland Airport Amendment Act 1988, and shall be read together with and deemed part of the Auckland Airport Act 1987 (hereinafter referred to as the principal Act).
2 Interpretation
(1)
Section 2 of the principal Act is hereby amended by inserting, after the definition of the term “constituent authority”
, the following definition:
“Contributing percentage” in relation to a constituent authority, means the percentage specified in relation to that constituent authority in the second column of the Schedule to this Act:”.
(2)
Section 2 of the principal Act is hereby further amended by repealing the definition of the term “specified percentage”
, and substituting the following definition:
“Shareholding percentage” in relation to a constituent authority, means the percentage specified in relation to that constituent authority in the first column of the Schedule to this Act.
3 Vesting of airport assets and airport liabilities in company
(1)
Section 6(6) of the principal Act is hereby amended by omitting from paragraph (b) the word “specified”
, and substituting the word “shareholding”
.
(2)
Section 6(7) of the principal Act is hereby amended by omitting from paragraph (b) the word “specified”
, and substituting the word “shareholding”
.
4 Airport reserves
(1)
Section 10(4) of the principal Act is hereby amended by repealing paragraph (b), and substituting the following paragraph:
“(b)
Fifty percent to the constituent authorities in accordance with the contributing percentage of each constituent authority.”.
(2)
Section 10(5) of the principal Act is hereby amended by repealing paragraph (b), and substituting the following paragraph:
“(b)
Twenty percent to the constituent authorities in accordance with the contributing percentage of each constituent authority.”.
5 Crown and constituent authorities to indemnify Auckland Regional Authority
Section 11(2) of the principal Act is hereby amended by omitting the word “specified”
, and substituting the word “shareholding”
.
6 New Schedule substituted
The principal Act is hereby amended by repealing the Schedule thereto, and substituting the Schedule set out in the Schedule to this Act.
Schedule New Schedule to Principal Act
“SCHEDULE
| Constituent Authorities | Shareholding Percentages | Contributing Percentages |
|---|---|---|
| Auckland City Council | 30.74 | 32.81 |
| Birkenhead City Council | 1.22 | 1.79 |
| Devonport Borough Council | 1.52 | 1.81 |
| East Coast Bays City Council | 3.14 | 1.89 |
| Ellerslie Borough Council | 0.80 | 0.95 |
| Franklin County Council | 1.72 | 1.99 |
| Glen Eden Borough Council | 0.92 | 0.89 |
| Helensville Borough Council | 0.08 | 0.10 |
| Henderson Borough Council | 0.89 | 0.80 |
| Howick Borough Council | 1.69 | 1.39 |
| Manukau City Council | 15.62 | 7.47 |
| Mt Albert City Council | 3.35 | 4.50 |
| Mt Eden Borough Council | 2.51 | 3.29 |
| Mt Roskill Borough Council | 4.42 | 5.75 |
| New Lynn Borough Council | 0.74 | 1.63 |
| Newmarket Borough Council | 0.48 | 0.83 |
| Northcote Borough Council | 1.27 | 1.11 |
| One Tree Hill Borough Council | 2.17 | 2.70 |
| Onehunga Borough Council | 2.33 | 2.92 |
| Papakura City Council | 2.31 | 1.58 |
| Papatoetoe City Council | 2.70 | 3.24 |
| Pukekohe Borough Council | 0.54 | 0.58 |
| Rodney County Council | 1.84 | 3.57 |
| Takapuna City Council | 7.14 | 5.94 |
| Tamaki City Council | 4.48 | 5.34 |
| Tuakau Borough Council | 0.10 | 0.12 |
| Waiheke County Council | 0.23 | 0.19 |
| Waitemata City Council | 4.86 | 4.68 |
| Waiuku Borough Council | 0.19 | 0.14” |
This Act is administered in the Ministry of Transport.
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Versions
Auckland Airport Amendment Act 1988
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