New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) There shall continue to be a bank called the Reserve Bank of New Zealand.
(2) The Bank shall be a body corporate with perpetual succession and a common seal and shall be capable of acquiring, holding and disposing of real and personal property and of suing and being sued.
(3) Without limiting any other provision of this Act, the Bank shall have the rights, powers, and privileges of a natural person.
(4) The Bank is the same body corporate as that which was continued in existence by the Reserve Bank of New Zealand Act 1964.
Compare: 1964 No 134 s 3(1), (2)