	Title
	Preamble
1	Short Title
2	Power to purchase
3	Endowment trusts to continue
4	Existing endowment lands to be known as Ngati Whakaue Endowment [Repealed]
5	Ancillary powers
6	Public Bodies Leases Act 1969 applied
	Reprint notes

An Act to provide the Rotorua High Schools Board with the original power of acquiring land to hold the same on existing endowment trusts

Preamble

Whereas the Rotorua High Schools Board (in this Act called the Board) is the registered proprietor and lessor of certain endowment land in the District of Rotorua and is in receipt of income therefrom not always desirable or needed for immediate or complete expenditure in terms of the Board’s endowment trusts: and whereas for the better investment of such surplus money or other accrued funds held by the Board it is desirable in the interests of the endowment trusts that the Board should have original power to acquire or receive as gifts or bequests other or further land and to have power to erect buildings on any land held by the Board: and whereas the Board is not empowered to acquire or accept as gifts or bequests any land in the manner contemplated under the Education and Training Act 2020 or the Education Lands Act 1949.

Preamble: amended, on 1 August 2020, by section 668 of the Education and Training Act 2020 (2020 No 38).

1 Short Title

This Act may be cited as the Rotorua High Schools Board Empowering Act 1979.

2 Power to purchase

(1)

The Board is hereby authorised to purchase or otherwise acquire or accept as a gift or gifts or bequests any land, within the district administered by the Rotorua District Council, whether any such land has buildings erected thereon or not.

(2)

Unless any gift or bequest of personal property to the Board provides to the contrary, such gift or bequest, if not in the form of money, may at any time be sold or converted to money and shall be held by the Board on the same endowment trust and subject to the same powers as the endowment land already or then held by the Board.

(3)

Gifts or bequests of personal property or the funds resulting therefrom may from time to time be invested in accordance with the Trusts Act 2019 and, except where a gift or bequest otherwise provides, may from time to time be applied in or towards the acquisition of land in accordance with subsection (1) or the improvement of any land or building held by the Board on endowment trusts.

(4)

The Board may at any time use or apply any of its income from endowment lands or endowment funds in any manner authorised for the use or application of gifts or bequests.

Section 2(3): amended, on 30 January 2021, by section 161 of the Trusts Act 2019 (2019 No 38).

3 Endowment trusts to continue

Such land shall be held by the Board on the same endowment trusts and with the same powers as the endowment land already or then held by the Board.

4 Existing endowment lands to be known as Ngati Whakaue Endowment

[Repealed]

Section 4: repealed, on 3 October 1995, by section 12(b) of the Reserves and Other Lands Disposal Act 1995 (1995 No 54).

5 Ancillary powers

The Board shall have power to erect buildings on land held by it and to occupy or grant leases of any part or parts of such buildings and appurtenant lands.

6 Public Bodies Leases Act 1969 applied

The Board is hereby declared to be a leasing authority for the purposes of the Public Bodies Leases Act 1969.

Reprints notes

1 General

This is a reprint of the Rotorua High Schools Board Empowering Act 1979 that incorporates all the amendments to that Act as at the date of the last amendment to it.

2 Legal status

Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.

3 Editorial and format changes

Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/.

4 Amendments incorporated in this reprint

Education and Training Act 2020 (2020 No 38): section 668

Trusts Act 2019 (2019 No 38): section 161

Reserves and Other Lands Disposal Act 1995 (1995 No 54): section 12(b)

Rotorua High Schools Board Empowering Act 1979