19 OCTOBER NEW ZEALAND GAZETTE 3729

Private Bills

Bell Gully Buddle Weir

New Zealand Guardian Trust Company Act 1982

Notice of Intention to Promote a Private Bill—New Zealand Guardian Trust Company Amendment Bill

The New Zealand Guardian Trust Company Limited (NZGT) intends to promote the New Zealand Guardian Trust Company Amendment Bill (“the Bill”) by petitioning the House of Representatives to introduce the Bill during the present session of Parliament or during the adjournment as the circumstances require.

The New Zealand Guardian Trust Company Act 1982 (“the principal Act”) allows NZGT to transact business with its parent company and that parent company’s subsidiaries and associated companies. The authorisation is limited in relation to NZGT’s parent company at the time the principal Act was passed.

The objects of the Bill are:

1. To allow NZGT to transact business with its current, and any future, parent company and that parent company’s subsidiaries and associated companies;

2. To validate any business transacted by NZGT with any parent company or that parent company’s subsidiaries or associated companies between the commencement of the principal Act and the commencement of the Bill as an Act;

3. To ensure that the principal Act accurately reflects NZGT’s current and potential future ownership structure.

Any communications to NZGT as the promoter of the Bill may be sent care of Bell Gully Buddle Weir, Barristers & Solicitors, IBM Centre, 171 Featherston Street (P.O. Box 1291), Wellington.

A copy of the Bill has been deposited in the Auckland District Court, 65-69 Albert Street, Auckland (telephone: (09) 309 8065), and is open to public inspection, during office hours, without a fee, for a period of 15 working days from the date of this notice. The Bill may also be inspected at the Wellington offices of Bell Gully Buddle Weir (address above).

BELL GULLY BUDDLE WEIR, Barristers & Solicitors,
for the Promoter of the Bill.

pb7781

Departmental Notices

Conservation

Palmerston North Showgrounds Act 1974

Amendment to the Palmerston North Showgrounds Act 1974

Pursuant to section 12 of the Palmerston North Showgrounds Act 1974, the Minister of Conservation notifies that the provisions of the Second Schedule to the Act have been altered by replacing them in their entirety by the provisions set out in the Schedule hereto.

These alterations have been approved in consultation with the Minister of Agriculture.

Schedule

The provisions of the Second Schedule are replaced with the following provisions:

Second Schedule

Palmerston North Showgrounds Board of Control

Constitution and Powers

1. Vesting

   The custody, management and control of the Showgrounds shall, as from the date of taking by proclamation by the Council, be vested in the Palmerston North Showgrounds Board of Control (hereinafter called “the Board”) for the purposes set out in the following clause.

2. Purposes

   Without limiting the rights and powers of the Board as custodians, managers and controllers of the Showgrounds, it is declared that the primary duty and function of the Board is to use, maintain and administer the Showgrounds including the buildings fencing grandstands and other structures or appointments from time to time thereon to the best advantage of the Council and the Society and the citizens of Palmerston North and surrounding districts for recreation and sporting purposes.

3. Membership of the Board

   3.1 The Board shall consist of not less than 5 persons and not more than 9 persons.

   3.2 The Board shall comprise the following:

    (a) Up to 5 members appointed by the Council.
   
    (b) Up to 2 members appointed by the Society.

   3.3 Subject to clauses 3.6 to 5.4 inclusive, each member appointed by the Council or the Society shall serve a term of 3 years commencing on the 1st day of July in the year of appointment and concluding on the 30th day of June at the end of the 3 year period.

   3.4 The Board shall have the right to co-opt up to 2 further members so that the total number of members is 9. The term of appointment for any co-opted member shall be for a period not exceeding 3 years, although the Board may remove any co-opted member at any time. Co-opted members are eligible for reappointment in accordance with this clause provided that no reappointment shall be made earlier than 3 months