In this Act, unless the context otherwise requires,—
authorised public securities dealer means a person (including a body of persons, whether incorporated or not) for the time being approved by the Minister of Finance, by notice in the Gazette, as a public securities dealer for the purposes of this Act
authorised transaction means a sale, gift, or other disposition of securities in which each of the parties is, or is acting through the agency of,—
acting in the ordinary course of business as such
brokers transfer means a document in, or to the effect of, the form set out in Schedule 2
company has the same meaning as in section 2 of the Companies Act 1955 or section 2 of the Companies Act 1993, as the case may be; and includes an overseas company but does not include a company limited by guarantee, an unlimited company, or a flat or office owning company
company limited by guarantee has the meaning assigned to it by section 13(2)(b) of the Companies Act 1955
debenture stock includes debentures that form part of a series of debentures secured by charges of equal priority
flat or office owning company has the same meaning as in section 121A of the Land Transfer Act 1952
Minister means the Minister of the Crown who, under the authority of any warrant or with the authority of the Prime Minister, is for the time being responsible for the administration of this Act
overseas company has the same meaning as in section 2 of the Companies Act 1993
registered, in relation to securities, means that the names of the holders thereof are entered in a register kept in New Zealand
securities means—
(a) shares, debenture stock, bonds, or notes, issued by a company; or
(b) shares, debenture stock, bonds, or notes, that are issued by a body corporate (other than a company) and listed on a stock exchange's market; or
that are transferable and registered
securities transfer means a document in, or to the effect of, the form set out in Schedule 1
share, in relation to a company or a body corporate (other than a company), means a share in the share capital of the company or body corporate; and includes stock and an option to acquire a share or shares; but does not include a labour share (as defined in section 2(1) of the Companies Act 1955)
stock exchange transaction means a sale and purchase of securities in which each of the parties is, or is acting through the agency of, a person authorised to undertake trading activities on a stock exchange's market acting in the ordinary course of business as such
stock exchange's market means a registered exchange's securities market within the meaning of section 2(1) of the Securities Markets Act 1988
unlimited company means—
as the case may be.
Compare: 1977 No 20 s 2; 1977 No 65 s 160(1); 1987 No 155 s 2
Section 2 authorised transaction paragraph (a): substituted, on 1 December 2002, by section 30 of the Securities Markets Amendment Act 2002 (2002 No 44).
Section 2 authorised transaction paragraph (b): amended, on 1 August 2008, by section 348 of the Lawyers and Conveyancers Act 2006 (2006 No 1).
Section 2 authorised transaction paragraph (c): substituted, on 1 October 1996, by section 23 of the Institute of Chartered Accountants of New Zealand Act 1996 (1996 No 39).
Section 2 authorised transaction paragraph (c): amended, on 7 July 2010, by section 10 of the New Zealand Institute of Chartered Accountants Amendment Act 2010 (2010 No 74).
Section 2 company: substituted, on 1 July 1994, by section 2 of the Company Law Reform (Transitional Provisions) Act 1994 (1994 No 16).
Section 2 flat or office owning company: substituted, on 1 July 1994, by section 2 of the Company Law Reform (Transitional Provisions) Act 1994 (1994 No 16).
Section 2 Minister: substituted, on 1 October 1995, by section 10(3) of the Department of Justice (Restructuring) Act 1995 (1995 No 39).
Section 2 overseas company: substituted, on 1 July 1994, by section 2 of the Company Law Reform (Transitional Provisions) Act 1994 (1994 No 16).
Section 2 securities paragraph (b): amended, on 1 December 2002, by section 30 of the Securities Markets Amendment Act 2002 (2002 No 44).
Section 2 securities paragraph (e): substituted, on 1 July 2003, by section 262 of the Local Government Act 2002 (2002 No 84).
Section 2 stock exchange: repealed, on 1 December 2002, by section 30 of the Securities Markets Amendment Act 2002 (2002 No 44).
Section 2 stock exchange transaction: amended, on 1 December 2002, by section 30 of the Securities Markets Amendment Act 2002 (2002 No 44).
Section 2 stock exchange's market: inserted, on 1 December 2002, by section 30 of the Securities Markets Amendment Act 2002 (2002 No 44).
Section 2 stock exchange's market: amended, on 24 November 2009, by section 23(1) of the Securities Markets Amendment Act 2009 (2009 No 54).
Section 2 unlimited company: substituted, on 1 July 1994, by section 2 of the Company Law Reform (Transitional Provisions) Act 1994 (1994 No 16).