An Act to promote and improve efficiency, economy, and performance in the management and operation of the commercial aspects of ports and, to this end,—
(a)
to provide for the formation of port companies to carry out port related commercial activities and control the ownership thereof; and
(b)
to establish requirements concerning the accountability and ownership of such companies and the responsibilities of Harbour Boards; and
(c)
to repeal the New Zealand Ports Authority Act 1968 and certain other enactments relating to ports and harbours