β¨ Text of Legislation
151
NELSON TRUST FUNDS AMENDMENT
ACT, 1856.
IN THE TWENTIETH YEAR OF THE REIGN OF HER MAJESTY QUEEN
VICTORIA,
SESSION 4, No. 5.
ANALYSIS.
Title.
3. Trustees to prepare a balance sheet.
Preamble
4. Accounts to be audited.
- Repeal of Sections 12 15 and 16.
- Short title.
- Remuneration of Trustees.
AN ACT to alter and amend the "Nelson Trust Funds Act, 1854."
(Assented to 7th July, 1856,
Title.
WHEREAS an Act was passed by the General Assembly of Preamble
New Zealand entitled the "Nelson Trust Funds Act, 1854,"
and it is expedient to repeal certain sections of the said Act, and
substitute other provisions in lieu thereof:
BE IT THEREFORE ENACTED by the General Assembly of New
Zealand as follows :
-
Sections numbered 12, 15, and 16 in the said recited Act are Repeal of Sections 12
hereby repealed. 15 and 16. -
The Trustees for the time being, elected under the said in Remuneration of
part recited Act, shall receive amongst them for their attendance to Trustees,
the duties of Trustees a sum not exceeding in the whole the sum of
one hundred pounds in any one year; but no one Trustee shall receive
any fee for any meeting at which he was not present nor more than
one guinea for any one meeting at which he shall attend. -
On the first day of December in every year the said Trustees Trustees to prepare a
shall cause the accounts of the said Trust to be balanced, and a full balance sheet.
and fair balance sheet to be made up and previously to such balance
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β¨ LLM interpretation of page content
ποΈ Text and analysis of the Nelson Trust Funds Amendment Act, 1856.
ποΈ Governance & Central Administration7 July 1856
Legislation, Trust Funds, Nelson, Trustees, Audit, Remuneration
NZ Gazette 1856, No 24