New Zealand Gazette – 2004 – No. 135

Page 3336

✨ Ports of Auckland Limited Rules



3336 NEW ZEALAND GAZETTE, No. 135 22 OCTOBER 2004

(b) is removed from office under these Rules or any enactment;

(c) is disqualified in accordance with rule 4.4; or

(d) otherwise ceases to hold office.

4.8
Resignation of directors

A Director may resign from office by written notice to the ARC (with a copy to ARH) in accordance with clause 4(1)(c) of schedule 1 to the Act. A Director’s resignation is effective on receipt by the ARC of the notice or at any later time specified in the notice.

4.9
No compensation for loss of office

A Director is not entitled to any compensation or other payment or benefit relating to his or her ceasing, for any reason, to hold office as a Director.

4.10
No alternate directors

A Director may not appoint an alternate director or other person to represent that Director.

  1. Long term funding plan

The Board will authorise the provision of funds to the ARC in accordance with:

(a) the Long Term Funding Plan; or

(b) if ARH has not completed its first Long Term Funding Plan, any written instruction from the ARC (by council resolution).

  1. Delegation of powers

6.1
General authority

The Board may delegate any of the functions or powers of ARH or the Board, either generally or specifically, by resolution and written notice to the delegate (with a copy to the ARC).

If the Board proposes the delegation of any function or power to a person who is not a Director or employee of ARH or the ARC, then the Board must obtain the prior written approval of the ARC to any such delegation. The Board is not required to obtain such approval from the ARC if the relevant delegation is provided for in the Statement of Intent or the Long Term Funding Plan.

6.2
Restrictions

The Board will not delegate the general power of delegation.

6.3
Delegates

A delegate to whom any functions or powers of ARH or the Board are delegated, may:



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 135


Gazette.govt.nz — PDF NZ Gazette 2004, No 135




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🏗️ Ports of Auckland Limited Rules (continued from previous page)

🏗️ Infrastructure & Public Works
Ports, Auckland, Directors, Appointment, Removal, Qualifications, Resignation, Compensation, Delegation