Masterton Trust Lands Act 2003

Reprint as at 30 January 2021

Coat of Arms of New Zealand

Masterton Trust Lands Act 2003

Local Act
 
2003 No 1
Date of assent
 
5 May 2003
Commencement
 
see section 2
Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

Contents

Preamble
1Title
2Commencement
3Purpose
4Interpretation
5Public notice defined
Masterton Trust Lands Trust
6Masterton Trust Lands Trust
Trusts
7Trust on which lands to be held
8Trust lands policy
9Application of income from Trust lands
Powers
10Leasing powers
11Powers of acquisition
12Power to accept trusteeships
13Powers in relation to publications
Investment and borrowing
14Power to set aside fund out of income
15Investment of money not immediately required for use
16Power to borrow
17Borrowing policy
Sale and alienation
18Sale and alienation
Membership of Trust
19Membership of Trust
20Term of office
21Rotation of members
22Remuneration and expenses of members of Trust
Electors and elections
23Qualifications of electors
24Qualifications of members
25Elections of members
Disqualification and extraordinary vacancies
26Extraordinary vacancies
27Filling of extraordinary vacancies
Ouster of office
28Ouster of office
Chairperson and Deputy Chairperson
29Chairperson
30Deputy Chairperson
Proceedings of Trust
31Proceedings of Trust
Auditor of Trust
32Auditor-General to be auditor of Trust
Transitional provisions
33Transitional provision in relation to members
34Transitional provision in relation to Chairperson
35Transitional provision in relation to employees
Consequential amendments
36Amendment to Local Authorities (Members’ Interests) Act 1968
37Amendment to Local Government Act 2002
Repeals and savings
38Repeals
39Savings
40Savings and validation in respect of remuneration, allowances, and expenses of members of Trust
Schedule 1
Trust lands
Schedule 2
Proceedings relating to Trust
Reprint notes