New Zealand Legislation: Regulations
Regulations are laws made under Acts
2009/173
Rt Hon Dame Sian Elias, Administrator of the Government
At Wellington this 22nd day of June 2009
Present:
Her Excellency the Administrator of the Government in Council
Pursuant to section 36(3) of the New Zealand Railways Corporation Act 1981, Her Excellency the Administrator of the Government, acting on the advice and with the consent of the Executive Council, and on the advice of the Minister of Finance given after a recommendation from the New Zealand Railways Corporation, makes the following order.
This order is the New Zealand Railways Corporation (Increased Capital) Order 2009.
This order comes into force on 26 June 2009.
The capital of the New Zealand Railways Corporation is increased from $158,652,246 to $546,946,246.
The New Zealand Railways Corporation (Increased Capital of the Corporation) Order 2008 (SR 2008/166) is revoked.
Rebecca Kitteridge,
Clerk of the Executive Council.
This note is not part of the order, but is intended to indicate its general effect.
This order, which comes into force on 26 June 2009, increases the capital of the New Zealand Railways Corporation from $158,652,246 (set under the New Zealand Railways Corporation (Increased Capital of the Corporation) Order 2008) to $546,946,246.
Date of notification in Gazette: 25 June 2009.
This order is administered by the Treasury.