State-Owned Enterprises (Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited) Amendment Act 1999
State-Owned Enterprises (Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited) Amendment Act 1999
State-Owned Enterprises (Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited) Amendment Act 1999
Reprint as at 1 April 2008
State-Owned Enterprises (Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited) Amendment Act 1999
Public Act |
1999 No 65 |
|
Date of assent |
24 May 1999 |
|
Note
Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.
A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.
Contents
An Act to amend the State-Owned Enterprises Act 1986 in relation to Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited
BE IT ENACTED by the Parliament of New Zealand as follows:
1 Short Title and commencement
(1)
This Act may be cited as the State-Owned Enterprises (Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited) Amendment Act 1999, and is part of the State-Owned Enterprises Act 1986 (“the principal Act”
).
(2)
This Act comes into force on a date to be appointed by the Governor-General by Order in Council; and 1 or more Orders in Council may be made bringing different provisions into force on different dates.
(3)
A date may be appointed under subsection (2) for bringing section 3(7), (8), and (10) into force only if the Governor-General is satisfied, at the time of the making of the Order in Council, that at least 50% of the issued shares in Meteorological Service of New Zealand Limited are no longer held by Ministers of the Crown on behalf of the Crown.
(4)
A date may be appointed under subsection (2) for bringing section 3(9) into force only if the Governor-General is satisfied, at the time of the making of the Order in Council, that none of the shares in Meteorological Service of New Zealand Limited is held by Ministers of the Crown on behalf of the Crown.
(5)
A date may be appointed under subsection (2) for bringing section 4(7) and (9) into force only if the Governor-General is satisfied, at the time of the making of the Order in Council, that at least 50% of the issued shares in Vehicle Testing New Zealand Limited are no longer held by Ministers of the Crown on behalf of the Crown.
(6)
[Repealed]Section 1(2): section 4(1) to (6) brought into force, on 9 September 1999, by the State-Owned Enterprises (Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited) Amendment Act Commencement Order 1999 (SR 1999/272).
Section 1(2): section 4(7) to (9) brought into force, on 6 October 1999, by the State-Owned Enterprises (Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited) Amendment Act Commencement Order (No 2) 1999 (SR 1999/329).
Subsection (6) was repealed, as from 1 April 2005, by section YA 2 Income Tax Act 2004 (2004 No 35).
2 Expiry
This Act expires and is deemed to have been repealed on the close of the day that is 2 years after the date on which this Act receives the Royal assent unless an Order in Council is made under section 1(2) bringing all or any of the provisions of this Act into force before the close of that day.
3 Provision for Meteorological Service of New Zealand Limited to cease to be State enterprise
(1)
The principal Act is amended by omitting from Schedule 1 the item “Meteorological Service of New Zealand Limited”
.
(2)
However, while Ministers of the Crown are shareholders in Meteorological Service of New Zealand Limited (“the meteorological service company”
) on behalf of the Crown, section 22 of the principal Act continues to apply as if—
(a)
The meteorological service company were a State enterprise; and
(b)
The Minister of Finance and the Minister responsible for the meteorological service company were the shareholding Ministers for the meteorological service company.
(3)
The principal Act is amended by omitting from Schedule 2 the item “Meteorological Service of New Zealand Limited”
.
(4)
However, sections 23 to 30 of the principal Act, and any Order in Council made, or notice in the Gazette given, at any time under any of those sections, continue to apply after the coming into force of subsection (3) as if—
(a)
The meteorological service company were a State enterprise and a company named in Schedule 2 of that Act; and
(b)
The Minister of Finance and the Minister responsible for the meteorological service company were the shareholding Ministers for the meteorological service company.
(5)
Subsection (4) applies whether or not all or any of the shares in the meteorological service company are held by Ministers of the Crown on behalf of the Crown.
(6)
Each Minister of the Crown who holds shares in the meteorological service company on behalf of Her Majesty the Queen may exercise all or any of Her Majesty’s rights and powers as the holder of those shares.
(7)
The Ombudsmen Act 1975 is amended by omitting from Part 2 of Schedule 1 the item “Meteorological Service of New Zealand Limited.”
(8)
The Official Information Act 1982 is amended by omitting from Schedule 1 the item “Meteorological Service New Zealand Limited”
.
(9)
The Income Tax Act 2007 is amended by omitting from schedule 36 the item “The Meteorological Service of New Zealand Limited”
.
(10)
The State-Owned Enterprises Order 1992 (SR 1992/181) is consequentially revoked.
Section 3(9): amended, on 1 April 2008, by section ZA 2(1) of the Income Tax Act 2007 (2007 No 97).
Subsection (9) was amended, as from 1 April 2005, by section YA 2 Income Tax Act 2004 (2004 No 35) by substituting the words “Income Tax Act 2004”
for the words “Income Tax Act 1994”
.
4 Provision for Vehicle Testing New Zealand Limited to cease to be State enterprise
(1)
The principal Act is amended by omitting from Schedule 1 the item “Vehicle Testing New Zealand Limited”
.
(2)
However, while Ministers of the Crown are shareholders in Vehicle Testing New Zealand Limited (“the vehicle testing company”
) on behalf of the Crown, section 22 of the principal Act continues to apply as if—
(a)
The vehicle testing company were a State enterprise; and
(b)
The Minister of Finance and the Minister responsible for the vehicle testing company were the shareholding Ministers for the vehicle testing company.
(3)
The principal Act is amended by omitting from Schedule 2 the item “Vehicle Testing New Zealand Limited”
.
(4)
However, sections 23 to 30 of the principal Act, and any Order in Council made, or notice in the Gazette given, at any time under any of those sections, continue to apply after the coming into force of subsection (3) as if—
(a)
The vehicle testing company were a State enterprise and a company named in Schedule 2 of that Act; and
(b)
The Minister of Finance and the Minister responsible for the vehicle testing company were the shareholding Ministers for the vehicle testing company.
(5)
Subsection (4) applies whether or not all or any of the shares in the company are held by Ministers of the Crown on behalf of the Crown
(6)
Each Minister of the Crown who holds shares in the vehicle testing company on behalf of Her Majesty the Queen may exercise all or any of Her Majesty’s rights and powers as the holder of those shares.
(7)
The Ombudsmen Act 1975 is amended by omitting from Part 2 of Schedule 1 the item “Vehicle Testing New Zealand Limited”
.
(8)
[Repealed](9)
The State-Owned Enterprises Order 1993 (SR 1993/414) is consequentially revoked.
Subsection (8) was repealed, as from 1 April 2005, by section YA 2 Income Tax Act 2004 (2004 No 35).
Contents
-
1
General
-
2
About this eprint
-
3
List of amendments incorporated in this eprint (most recent first)
Notes
1 General
This is an eprint of the State-Owned Enterprises (Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited) Amendment Act 1999. It incorporates all the amendments to the State-Owned Enterprises (Meteorological Service of New Zealand Limited and Vehicle Testing New Zealand Limited) Amendment Act 1999 as at 1 April 2008. The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint since 3 September 2007. Relevant provisions of any amending enactments that contain transitional, savings, or application provisions are also included, after the Principal enactment, in chronological order.
2 About this eprint
This eprint has not been officialised. For more information about officialisation, please see "Making online legislation official" under "Status of legislation on this site" in the About section of this website.
3 List of amendments incorporated in this eprint (most recent first)
Income Tax Act 2007 (2007 No 97): section ZA 2(1)