New Zealand Legislation: Acts

23 Certain matters not affected by dissolution of Ngaitahu Maori Trust Board and vesting of assets

• Nothing effected or authorised by this Act—

  • (a) shall be regarded as placing the Ngaitahu Maori Trust Board, or Te Runanga o Ngai Tahu, or any other person in breach of contract or confidence or as otherwise making any of them guilty of a civil wrong; or

  • (b) shall be regarded as giving rise to a right for any person to terminate or cancel any contract or arrangement or to accelerate the performance of any obligation; or

  • (c) shall be regarded as placing the Ngaitahu Maori Trust Board, or Te Runanga o Ngai Tahu, or any other person in breach of any enactment or rule of law or contractual provision prohibiting, restricting, or regulating the assignment or transfer of any property or the disclosure of any information; or

  • (d) shall release any surety wholly or in part from any obligation; or

  • (e) shall invalidate or discharge any contract or security.