✨ Rules of Auckland Regional Holdings
4680
NEW ZEALAND GAZETTE, No. 185
7 NOVEMBER 2005
decision; or if there is an appeal against the conviction or decision, until the appeal is
determined; and the person is deemed to have been granted leave of absence until
the expiration of that time, and is not capable of acting as a director during that time;
(e) a person who is disqualified to act as a director of ARH under the Act or another
enactment;
(f) a person who is an employee of any member of the ARC Group; or
(g) a person who has not, as at the time of appointment or at any time during his or her
term in office, complied with any conditions imposed by the ARC regarding his or her
appointment as a Director.
4.5 Requirement Before Appointment
Before a person may be appointed as a Director, the person must:
(a) consent in writing to being a Director; and
(b) certify that he or she is not disqualified from being a Director; and
(c) disclose to ARH and the ARC the nature and extent (including monetary value, if
quantifiable) of all Interests (as defined in rule 9.8) that the person has at that time, or
is likely to have, in matters relating to the ARC Group.
4.6 Vacation of Office
Without limiting clause 4 of schedule 1 to the Act, a Director will cease to hold office as a
Director if the Director:
(a) resigns in accordance with rule 4.7;
(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.
4.7 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.
4.8 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.
4.9 No Alternate Directors
A Director may not appoint an alternate director or other person to represent that Director.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 185
Gazette.govt.nz —
NZ Gazette 2005, No 185
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Rules, Auckland Regional Holdings, Local Government, Definitions, Strategic Assets, Transactions