Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order brings section 4 of the State-Owned Enterprises Amendment Act (No 2) 1990 into force on 20 July 1990.

Section 4 omits New Zealand Liquid Fuels Investment Limited from Part 2 of Schedule 1 to the Ombudsmen Act 1975. The company will cease to be subject to that Act on that date.

It also omits the name of the company from Schedule 14 to the Income Tax Act 1976 (which relates to the grouping of tax losses). The company will cease to be a company named in that Schedule on that date.

The order also omits the name of the company from Schedule 1 to the Official Information Act 1982. The company will cease to be subject to that Act on that date.

The order is a consequence of the sale by the Crown of its shares in New Zealand Liquid Fuels Investment Limited.