Potato Growing Industry Amendment Act 1955
Potato Growing Industry Amendment Act 1955
Potato Growing Industry Amendment Act 1955
Potato Growing Industry Amendment Act 1955
Public Act |
1955 No 5 |
|
Date of assent |
12 May 1955 |
|
Contents
An Act to amend the Potato Growing Industry Act 1950.
BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:
1 Short Title.
1950, No. 4
This Act may be cited as the Potato Growing Industry Amendment Act 1955, and shall be read together with and deemed part of the Potato Growing Industry Act 1950 (hereinafter referred to as the principal Act).
2 Increase of limit of amount which may be fixed as levy.
Section fifteen of the principal Act is hereby amended by omitting from subsection one the words “a levy of thirteen shillings a ton”
, and substituting the words “a levy of thirty shillings a ton”
.
3 Minister of Finance may guarantee loans to Board.
Section seventeen of the principal Act is hereby amended by adding the following subsection:
“(3)
In any case where the Minister of Finance consents under this section to the borrowing by the Board of any money by way of overdraft or otherwise, the Minister of Finance may give such guarantees as he thinks fit in respect of the money borrowed by the Board.”