Act Repealed Latest version as at 09 December 1994 (as enacted) | 1994 No 140

State-Owned Enterprises Amendment Act 1994

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Contents

Short Title

Information to be laid before House of Representatives

Changes of name

State-Owned Enterprises Amendment Act 1994

Public Act		1994 No 140
Date of assent		9 December 1994

	Title
1	Short Title
2	Information to be laid before House of Representatives
3	Changes of name
	Administrative information

An Act to amend the State-Owned Enterprises Act 1986

BE IT ENACTED by the Parliament of New Zealand as follows:

1 Short Title

This Act may be cited as the State-Owned Enterprises Amendment Act 1994, and shall be read together with and deemed part of the State-Owned Enterprises Act 1986 (hereinafter referred to as the principal Act).

2 Information to be laid before House of Representatives

Section 17 of the principal Act (as amended by section 3(2) of the State-Owned Enterprises Amendment Act 1992) is hereby amended by inserting, after subsection (2), the following subsection:

“(2a)

Where any documents (being documents prepared in respect of a financial year of a State enterprise) that are required by subsection (2) of this section to be laid before the House of Representatives have not been so laid within 5 weeks of the responsible Minister’s receiving all of them, the Minister shall—

“(a)

Cause those of them referred to in paragraphs (b) and (c) of that subsection to be published not later than 5 weeks after that day; and

“(b)

Arrange for the publication in the Gazette of a notice indicating that they have been published.”

3 Changes of name

The principal Act is hereby amended by inserting, after section 30, the following section:

“30a

“(1)

Subject to subsection (2) of this section, the Governor-General may from time to time, by Order in Council made on the recommendation of 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, amend any enactment by omitting from it the name of any State enterprise and substituting some other name.

“(2)

The Minister shall not recommend the making of an order under subsection (1) of this section in respect of a State enterprise unless satisfied that—

“(a)

There has been issued to it under section 23(3)(b) of the Companies Act 1993 or section 32a(2)(b) of the Companies Act 1955 a certificate of incorporation recording a change of its name to the name proposed to be substituted by the order; or

“(b)

There has been published in the Gazette under section 32(5) of the Companies Act 1955 a notice of the change of its name to the name proposed to be substituted by the order.

“(3)

A State enterprise does not cease to be—

“(a)

A State enterprise; or

“(b)

A company named in a schedule to this Act; or

“(c)

A company with a name specified in a schedule to this Act,—

by reason only of changing its name.”

This Act is administered in the Treasury.

State-Owned Enterprises Amendment Act 1994