New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) In this Act, unless the context otherwise requires,—
agreement includes a deed, a contract, an agreement, an arrangement, and an understanding, whether oral or written, express or implied, and whether or not enforceable at law
board means the board of directors of the company
company,—
(a) before the day on which the order under section 53 of the Housing Corporation Act 1974 relating to it comes into force, means the company the shares in which—
(i) on 30 June 2001 were owned by the responsible Minister (as that term was then defined by this section) and the Minister of Finance, having been acquired under the former section 9; and
(ii) on 1 July 2001 vested in the Corporation under section 52(1) of the Housing Corporation Act 1974; but
(b) on and after that day, must be read as a reference to the Corporation as that company's successor
Corporation means the Housing New Zealand Corporation established under section 3 of the Housing Corporation Act 1974
Corporation assets means any real or personal property of any kind belonging to the Corporation, whether or not subject to rights; and, without limiting the generality of the foregoing, includes—
(a) any estate or interest in any land belonging to the Corporation, including all rights of occupation of land or buildings:
(b) all buildings, vehicles, plant, equipment, and machinery belonging to the Corporation, and any rights therein:
(c) all securities within the meaning of the Securities Act 1978 belonging to the Corporation:
(d) all rights of any kind belonging to the Corporation, including rights under Acts, deeds, agreements, or licences, and all applications, objections, submissions, and appeals in respect of such rights:
(e) all patents, trade marks, designs, copyright, plant variety rights, and other intellectual property rights whether enforceable by Act or rule of law belonging to the Corporation:
(f) goodwill and any business undertaking of the Corporation
Corporation liabilities means liabilities of the Corporation
District Land Registrar means a District Land Registrar appointed under the Land Transfer Act 1952; and includes a Registrar of Deeds
liabilities includes—
(a) liabilities and obligations under any Act or agreement; and
(b) deposits and other debt securities within the meaning of the Securities Act 1978; and
(c) contingent liabilities
rights includes powers, privileges, interests, licences, approvals, consents, benefits, and equities of any kind, whether actual, contingent, or prospective
rules means the memorandum of association and articles of association of the company
security means a mortgage, submortgage, charge (whether legal or equitable), bond, stock, debenture, bill of exchange, promissory note, guarantee, indemnity, defeasance, hypothecation, instrument by way of security, lien, pledge, or other security for the payment of money or for the discharge of any other obligation or liability, and in any case whether upon demand or otherwise, whether present or future and whether actual or contingent, and includes an acknowledgment of debt (whether or not otherwise secured) and an agreement or undertaking to give or execute whether upon demand or otherwise any of the foregoing
sitting day means a sitting day of the House of Representatives
State housing assets means State housing land within the meaning of section 2(1) of the Housing Act 1955; and includes—
(a) all buildings, vehicles, plant, equipment, machinery, and chattels belonging to the Crown and relating to State housing land (as so defined) and any rights therein:
(b) all rights of the Crown of any kind relating to State housing land (as so defined) including rights under Acts, deeds, agreements, or licences, and all applications, objections, submissions, and appeals in respect of such rights; and
(c) all securities belonging to the Crown and relating to State housing land (as so defined)
State housing liabilities means all liabilities of the Crown relating to State housing land within the meaning of section 2(1) of the Housing Act 1955
statement of corporate intent means the current statement of corporate intent for the company prepared pursuant to section 15
subsidiary has the same meaning as in section 158 of the Companies Act 1955.
(2) In this Act, a reference to transfer, authorise, or grant includes entering into an agreement to transfer, authorise, or grant, as the case may be.
(3) References in this Act to State housing land within the meaning of subsection (1) of section 2 of the Housing Act 1955 shall be construed as references to State housing land within the meaning of that subsection and nothing in subsection (2) of that section shall apply.
Section 2(1) company: substituted, on 1 July 2001, by section 24(1) of the Housing Corporation Amendment Act 2001 (2001 No 37).
Section 2(1) Corporation: amended, on 1 July 2001, by section 24(1) of the Housing Corporation Amendment Act 2001 (2001 No 37).
Section 2(1) responsible Minister: repealed, on 1 July 2001, by section 24(1) of the Housing Corporation Amendment Act 2001 (2001 No 37).
Section 2(1) shareholding Ministers: repealed, on 1 July 2001, by section 24(1) of the Housing Corporation Amendment Act 2001 (2001 No 37).
