The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.

Note 4 at the end of this version provides a list of the amendments included in it.

This order is administered by the Ministry of Business, Innovation, and Employment.

Pursuant to section 4(4) of the Sharebrokers Act 1908, Her Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, hereby makes the following order.

1	Title and commencement
2	Fees payable for renewal of sharebroker’s licence under Sharebrokers Act 1908 increased
3	Goods and services tax included
4	Revocation
	Explanatory note
	Gazette Information
	Notes

Order

1 Title and commencement

(1)

This order may be cited as the Sharebrokers Act (Increase in Fees) Order 1991.

(2)

This order shall come into force on 8 October 1991.

2 Fees payable for renewal of sharebroker’s licence under Sharebrokers Act 1908 increased

The amount of the fee payable under the proviso to section 4(3) of the Sharebrokers Act 1908 on the renewal of a sharebroker’s licence by a member of a partnership firm who is carrying on business exclusively in the same locality as a member of the firm who has obtained the renewal of that member’s sharebrokers licence is hereby amended by increasing that amount from $50 to $100.

3 Goods and services tax included

The fee prescribed by this order is inclusive of goods and services tax under the Goods and Services Tax Act 1985.

4 Revocation

Amendment(s) incorporated in the Act(s).

Marie Shroff,
Clerk of the Executive Council.

Explanatory note

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

This order, which comes into effect on 8 October 1991, increases from $50 to $100 the concessionary fee payable under the Sharebrokers Act 1908 for the renewal of a sharebrokers licence by subsequent partners in a firm.

The fee is inclusive of goods and services tax.

Issued under the authority of the Legislation Act 2019.

Date of notification in Gazette: 5 September 1991.

Notes

1 General

This is a consolidation of the Sharebrokers Act (Increase in Fees) Order 1991 that incorporates the amendments made to the legislation so that it shows the law as at its stated date.

2 Legal status

A consolidation is taken to correctly state, as at its stated date, the law enacted or made by the legislation consolidated and by the amendments. This presumption applies unless the contrary is shown.

Section 78 of the Legislation Act 2019 provides that this consolidation, published as an electronic version, is an official version. A printed version of legislation that is produced directly from this official electronic version is also an official version.

3 Editorial and format changes

The Parliamentary Counsel Office makes editorial and format changes to consolidations using the powers under subpart 2 of Part 3 of the Legislation Act 2019. See also PCO editorial conventions for consolidations.

4 Amendments incorporated in this consolidation

Financial Advisers Act 2008 (2008 No 91): section 165

Sharebrokers Act (Increase in Fees) Order 1991