✨ Stock Exchange Rules and County Council Order
2756
THE NEW ZEALAND GAZETTE.
[No. 83
Unless permission of the Committee has first been obtained, members shall not appeal to any Court of law or equity in any dispute that may arise between them in transactions under these rules, and if such permission is not granted they shall accept the Committee as the sole and final tribunal and arbiter therein.
- It shall not be incumbent upon the Committee to entertain any complaint submitted to them by any one not a member of the Exchange against a member of it, unless such member shall have been employed by the complainant in the capacity of broker; and in that or any other case in which a non-member desires the intervention of the Committee he shall, previously to the case being heard, pay not less than five guineas, or such other sum as the Committee may determine, to the Secretary, and shall undertake in writing to abide by and forthwith to carry out the decision of the Committee in the same manner as if he were a member of the Exchange; the Committee to have the power to repay the whole or part of the five guineas or such other sum to the complainant.
POWER OF COMMITTEE TO PROCURE INFORMATION RELATIVE TO MATTERS UNDER INVESTIGATION.
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Members and their clerks when required so to do by the Committee shall attend any meeting of the Committee, and then and there shall give such information as may be in their possession relative to any matter under investigation.
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The Committee shall have full and absolute power, in the event of a complaint being made, which in their opinion justifies such procedure, to call upon any member to produce for their inspection all books, letters, telegrams, or copies thereof, and other documents in his possession relating thereto, and he shall, without delay, produce them for inspection accordingly.
VIOLATION OF RULES AND PENALTIES.
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The Committee shall take cognizance of all violations of these rules, whether in letter or spirit. Any member found by them to be guilty of such violation, or who may fail to comply with any decision or ruling of the Exchange or of the Committee, or who in the opinion of the Committee is or has been guilty of conduct unworthy of a member, shall be liable to be fined or suspended, or fined and suspended from membership by resolution of the Committee; or should the matter be of such moment as in their opinion to demand expulsion, the Committee shall report accordingly to the members of a special general meeting to confirm the Committee’s recommendation and expel the offending member, or deal with him by fine or suspension.
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The fines mentioned herein shall not, except in cases where another amount is fixed, be less than £5 or more than £25, and in case of a continuous offence shall be not less than £1 or more than £5 for each day during which such offence continues.
NOTICES.
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Except as by these rules otherwise provided, any notice or document to be given or served upon any member shall be deemed to be duly given or served if given by advertisement or by personal service upon the member, or by sending it through the post as a prepaid registered letter addressed to such member at his address as appearing in the Register, or to such other address as he shall from time to time notify in writing to the Secretary, or to his last known address.
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Any member of the Exchange who shall fail to observe or be bound by the terms of any decision or ruling of the Committee or of the Exchange, or the spirit or intention thereof, relative to the conduct by the members of the Exchange of their business as such members, or to their dealings with one another as such members, or relative to other matters arising out of the objects or purposes of the Exchange, shall be deemed guilty of conduct unworthy of a member, and be dealt with in manner provided by Rule 116.
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If a fine imposed on any member at a special general meeting of members be unpaid at the end of one clear week, the member in default shall forfeit his membership, and the Committee shall announce to the members that he has retired from the Exchange, and his name shall be erased from the list of members.
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A member, or his nominee, shall not vote at any meeting at which a charge affecting such member is under consideration.
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The Committee for the time being may, in their absolute discretion, and in such manner as they may think fit, notify, or cause to be notified, to the public that any member has been expelled, or has become a defaulter, or has been suspended, or has ceased to be a member.
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No action or other proceeding shall, under any circumstances, be maintainable by the person referred to in such notification against any member or official publishing or circulating the same, and this rule shall operate as leave and authority to any member or official to publish or circulate such notification, and be pleadable accordingly.
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A member under suspension shall not attend any meeting of the Exchange unless by leave of the Chairman, and then only for the purpose of speaking on a motion that he be fined or expelled, and having spoken he must withdraw. Such member shall not be entitled to vote.
ALTERATION, AMENDMENT, OR REPEAL OF RULES.
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In all dealings with members of other exchanges affiliated with the Stock Exchange Association of New Zealand the rules of that association shall apply and prevail over the rules of the Exchange.
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The Exchange shall have power to alter, amend, or repeal any of these rules.
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Notice shall be given in writing, addressed to the Secretary, of any proposed amendment, or repeal of, or addition to the rules. A special general meeting shall be called to consider any proposed alteration, amendment, or repeal, and at least seven days’ notice of such meeting shall be given to the members by circular, sent to the last known business address of each member. The circular shall contain a copy of the proposed alteration, amendment, or repeal, but the accidental omission to give any such notice to any member shall not invalidate any proceedings taken or any resolution passed at such meeting. No amendment which introduces fresh matter shall be entertained at the meeting, and no proposed amendment, or repeal of, or addition to the rules, if rejected, shall be entertained again for six months.
DISSOLUTION.
- The property of the Exchange in the event of its winding-up shall be determined by a special general meeting of the members of the Exchange.
Special Order made by the Rodney County Council altering the Boundaries of Ridings.
Department of Internal Affairs,
Wellington, 22nd September, 1920.
THE following special order, made by the Rodney County Council, is published in accordance with the provisions of the Counties Act, 1908.
W. FRASER,
For Minister of Internal Affairs.
RODNEY COUNTY COUNCIL.
Special Order.—Defining the Riding Boundaries.
In pursuance and exercise of the powers conferred on it by the Counties Act, 1908, and its several amendments, and subject to the approval of the Chief Surveyor of the district, and to the consent of the Governor-General in Council, the Rodney County Council hereby resolves and declares by way of special order, which is intended to take effect on the 1st day of April, 1921,—
That the present Albert Riding be altered, first, to include certain sections, which sections are to be deleted from the present Tauhoa Riding; second, to exclude therefrom certain sections, which sections are to be transferred to the Hoteo Riding.
That the present Hoteo Riding be altered, first, by adding thereto certain sections, which sections are to be deleted from the present Albert Riding; second, by adding thereto certain sections, which sections are to be excluded from the present Omaha Riding; third, by adding thereto certain sections which sections are to be excluded from the present Kourawhero Riding; fourth, by excluding therefrom the whole of the present outlying portion of the riding lying within the Oruawharo Parish, and in Blocks VII, VIII, XI, and XII, Otamatea Survey District; fifth, by excluding therefrom the whole of the area comprised in the Albertland North Road District; sixth, by excluding therefrom the whole of the present outlying portion of the riding lying within the Parishes of Mangawhai and Arai, except Sections 44, 45, 46, 70, 71, 72, 73, 74, 76, 77, 78, 79, 80, and 81 in the last-mentioned parish, such excluded portions to constitute a new riding to be called Arai Riding. The present Hoteo Riding shall be further altered by excluding therefrom certain sections and areas in Blocks II, III, V, and VI, Pakiri Survey District, which sections and areas are to be transferred to Omaha Riding.
That the present Kaipara Riding be altered by excluding therefrom certain sections, which sections are to be transferred to the Kourawhero Riding.
That the present Kourawhero Riding be altered, first, by excluding therefrom certain sections, which sections are to be transferred to the Hoteo Riding; second, by excluding therefrom certain sections, which sections are to be transferred to the Matakana Riding; third, by including certain sections within the outlying portion of the present Mahurangi Riding (which riding is to be abolished); fourth, by including the whole of the area comprised within the legal subdivision of the Warkworth Road District, known as the South Ward; fifth, by including certain sections, which sections are to be excluded from the present Kaipara Riding.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1920, No 83
NZLII —
NZ Gazette 1920, No 83
✨ LLM interpretation of page content
🏭
Approval of Rules for the Invercargill Stock Exchange
(continued from previous page)
🏭 Trade, Customs & Industry20 September 1920
Stock Exchange, Rules, Invercargill, Approval
🏘️ Special Order altering the Boundaries of Ridings by Rodney County Council
🏘️ Provincial & Local Government22 September 1920
County Council, Riding Boundaries, Rodney County, Special Order
- W. Fraser, For Minister of Internal Affairs