New Zealand Gazette – 1997 – No. 145

Page 3352

✨ Dairy Board Election Rules



3352 NEW ZEALAND GAZETTE No. 145

undertaken separately and not concurrently to enable effect to be given to clause 4.4.

4.6 For the purposes of this clause, the Total milksolids produced by:

(a) a co-operative dairy company registered under Part III of the Co-operative Companies Act 1996 that carries on the activities described in section 35(1)(a) and (b) of that Act, will be the Total milksolids of the company (including that of any related company or company effectively controlled by it) for the most recent complete season and the two seasons before it for which production figures are available to the Board pursuant to clause 4.7;

(b) a co-operative milk marketing company registered under Part III of the Co-operative Companies Act 1996 that carries on the activities described in section 35(1)(b) and (c) of that Act, will be determined by the Board by calculating the aggregate milk volume credited to supplying shareholders for the most recent complete season and the two seasons before it for which figures will be available to the Board pursuant to clause 4.7, converted to milksolids equivalent using a standard total milksolids factor determined by the Board.

4.7 The figures to be used by the Board in calculating the Total milksolids of:

(a) a company (including any related company or effectively controlled company) referred to in clause 4.6(a) will be those figures used in the annual totals supplied and certified as correct by the company in returns to the Board; and

(b) a company referred to in clause 4.6(b) will be those milk volume figures supplied to the Board and certified as correct by the relevant company (and adjusted as appropriate pursuant to clause 4.6).

4.8 The costs of every election shall be paid by the Board.

4.9 Clauses 3.2, 3.3, and 3.4 shall apply mutatis mutandi to the election of any Director pursuant to this clause 4.

  1. COMPILATION OF ROLLS

5.1 The Secretary will compile a Roll of Electors comprising Co-operative Companies in the New Zealand Electing Group and their voting entitlements.



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✨ LLM interpretation of page content

🏭 Rules for the Appointment/Election of Directors of the New Zealand Dairy Board (continued from previous page)

🏭 Trade, Customs & Industry
Dairy Board, Directors, Appointment Rules, Election Rules, Legislative Framework