Industrial and Provident Societies Amendment Act 1993
Industrial and Provident Societies Amendment Act 1993
Industrial and Provident Societies Amendment Act 1993
Reprint
as at 5 December 2013
Industrial and Provident Societies Amendment Act 1993
| Public Act | 1993 No 115 |
| Date of assent | 28 September 1993 |
Note
Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this eprint. See the notes at the end of this eprint for further details.
This Act is administered in the Department of Justice.
Contents
1 Short Title and commencement
2 Power to compromise with creditors and members
4 Industrial and Provident Societies Amendment Act 1952 amended
5 Transitional provisions applying to liquidation of societies [Repealed]
An Act to amend the Industrial and Provident Societies Act 1908
BE IT ENACTED by the Parliament of New Zealand as follows:
1 Short Title and commencement
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(1) This Act may be cited as the Industrial and Provident Societies Amendment Act 1993, and shall be read together with and deemed part of the Industrial and Provident Societies Act 1908 (hereinafter referred to as the principal Act).
(2) This Act shall come into force on the 1st day of July 1994.
2 Power to compromise with creditors and members
3 Dissolution of societies
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(2) This subsection amended section 15(b) of the principal Act.
4 Industrial and Provident Societies Amendment Act 1952 amended
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(1) Section 13(1) of the Industrial and Provident Societies Amendment Act 1952 is hereby amended by omitting the words
“course of being wound up, the debts which in every winding up are under the provisions of Part VI of the Companies Act 1955”
, and substituting the words“liquidation, the debts which in every liquidation are under the provisions of Part XVI of, and the Seventh Schedule to, the Companies Act 1993”
.(2) Section 13 of the Industrial and Provident Societies Amendment Act 1952 is hereby amended by repealing subsection (2) (as amended by section 6(1) of the Industrial and Provident Societies Amendment Act 1981), and substituting the following subsection:
“(2) In the application of clause 2(b) of the Seventh Schedule to the Companies Act 1993, the reference to holiday pay becoming payable on the termination of employment before or by reason of the commencement of the liquidation shall be construed as a reference to holiday pay becoming payable on the termination of employment before or by reason of the appointment of the receiver or the taking possession of the property.”
(3) Section 13 of the Industrial and Provident Societies Amendment Act 1952 is hereby amended by repealing subsection (3), and substituting the following subsection:
“(3) The periods of time referred to in Part XVI of, and the Seventh Schedule to, the Companies Act 1993 shall be taken from the date of the appointment of the receiver or on which possession of the property was taken, as the case may be.”
(4) Section 6(1) of the Industrial and Provident Societies Amendment Act 1981 is hereby consequentially repealed.
(5) The Industrial and Provident Societies Amendment Act 1952 is hereby amended by repealing section 14 (as amended by section 2(2) of the Industrial and Provident Societies Amendment Act 1979).
(6) Section 2(2) of the Industrial and Provident Societies Amendment Act 1979 is hereby consequentially repealed.
5 Transitional provisions applying to liquidation of societies
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[Repealed]
Section 5: repealed, on 5 December 2013, by section 14 of the Companies Amendment Act 2013 (2013 No 111).
Eprint notes
1 General
This is an eprint of the Industrial and Provident Societies Amendment Act 1993 that incorporates all the amendments to that Act as at the date of the last amendment to it.
2 About this eprint
This eprint is not an official version of the legislation under section 18 of the Legislation Act 2012.
3 Amendments incorporated in this eprint
Companies Amendment Act 2013 (2013 No 111): section 14