Seamen's Union Funds Act 1971

1: Short Title
This Act may be cited as the Seamen's Union Funds Act 1971.
2: Interpretation
In this Act, unless the context otherwise requires,— assets of the Union
a: bank notes and other currency, postal notes, money orders, promissory notes, and bills of exchange, and any other negotiable instruments payable in currency; and
b: any amount deposited in a bank, and any amount for which cheques can be drawn on a bank pursuant to an arrangement for the time being subsisting; and
c: any real or personal property of any member or officer or position-holder of the Union or any of its branches, if that property was the property of the Union or any branch on 4 November 1971; and
d: all real and personal property of the Union or any of its branches which at any time has been transferred to or vested in any person in trust for the Union or of any of its branches or has been disposed of without adequate consideration in money or money's worth;— and also includes every estate or interest in real or personal property of which The Federated Seamen's Union of New Zealand Industrial Association of Workers, or the Auckland Federated Seamen's Industrial Union of Workers, or the Wellington Federated Seamen's Industrial Union of Workers, or The Dunedin Federated Seamen's Industrial Union of Workers (being predecessors of the Union) is registered as the proprietor at the date of the passing of this Act Manager Public Trust Minister Union Section 2 Manager amended 1 March 2002 section 170(1) Public Trust Act 2001
3: Appointment of Manager
Public Trust Section 3 amended 1 March 2002 section 170(1) Public Trust Act 2001
4: Vesting of assets
1: All assets of the Union are vested in Public Trust, and must be held by it upon trust to manage and administer the assets until they are vested in a new union under section 7
2: A certificate of Public Trust to the effect that an asset described in the certificate has vested in Public Trust under subsection (1) must be accepted by all courts, registrars, and other persons as sufficient evidence that the asset has vested in Public Trust.
3: The registrar or other person responsible for keeping a register of instruments of title must register Public Trust as proprietor of an asset on production of—
a: a certificate under subsection (2) that relates to the asset; and
b: an application by Public Trust for registration as proprietor of the asset in place of the proprietor named in the instrument of title to the asset. Section 4 replaced 1 March 2002 section 170(1) Public Trust Act 2001
5: Powers of Manager
The Manager shall have the following powers:
a: to take and retain possession of all assets of the Union, and in particular, but without limiting the generality of the power conferred by this paragraph, to demand, receive, and hold all instruments of title to any of the assets which are or may be in the possession or under the control of any person, whether or not employed by the Union or any branch thereof, with all related documents, records, and lists or instruments of title:
b: to have full and free access to any books of accounts, documents, and records of the Union or of any branch of the Union, and make copies thereof or take extracts therefrom, and, if he considers it necessary, to take and retain possession thereof:
c: to complete, carry out, perform, or enforce in such manner as he may think fit any contracts entered into by the Union or any branch thereof before 5 November 1971 and exercise any powers conferred by any such contract:
d: to do any act or thing requisite to obtaining or perfecting the title to any of the assets:
e: to bring any action or other proceedings relating to the assets or to the recovery thereof, and defend, confess, or compromise, or submit to judgment in, any action, claim, demand, or proceeding touching the assets:
f: to insure against fire or accident or otherwise any of the assets:
g: to employ or appoint servants, clerks, and agents on such terms and subject to such conditions as he thinks fit:
h: to appoint an agent to do anything that the Manager is authorised to do as Manager of the assets of the Union; to delegate all or any of his powers and functions, either generally or particularly, to any person or class of persons, and to revoke any such delegation:
i: to open in any bank in New Zealand an account in the name of the Manager, and operate on the account in such manner and to such extent as the Manager may from time to time determine:
j: to exercise as if he were trustee of the assets all powers which he could exercise under the Trustee Act 1956
k: such other powers as may be conferred on the Manager by regulations made pursuant to section 9
6: Liabilities, expenses, and remuneration
1: The Manager may pay or satisfy out of the assets of the Union all debts, liabilities, and obligations of the Union or any branch of the Union, so far as the law binds and the assets in his hands and available for the purpose extend.
2: The remuneration of Public Trust as Manager of the Union must—
a: subject to the approval of the Minister, be determined in accordance with Public Trust's scale of charges; and
b: be paid out of the assets of the Union to the credit of Public Trust.
3: All costs, charges, and expenses incurred by Public Trust Public Trust Section 6(2) replaced 1 March 2002 section 170(1) Public Trust Act 2001 Section 6(3) amended 1 March 2002 section 170(1) Public Trust Act 2001
7: Disposal of assets
1: Where the Minister is satisfied that a new union of workers representing seamen (other than officers) employed in the deck department or engine room department of New Zealand ships (including New Zealand Government ships) has after the passing of this Act been registered under the Industrial Conciliation and Arbitration Act 1954, he shall, by notice in the Gazette
a: the new union has been so registered under the name specified in the notice; and
b: on the date specified in the notice (being the date of the notice or any later date), the assets of the Union then vested in Public Trust
2: On the publication of that notice in the Gazette
a: those assets of the Union shall on the date specified in the notice vest by virtue of this subsection in the new union named in the notice; and
b: all the liabilities and obligations of the Union or of the Manager on that date shall become liabilities and obligations of the new union.
3: Where Public Trust has not been registered as the proprietor of an asset of the Union, a certificate of Public Trust to the effect that the asset is vested in Public Trust under section 4(1)
4: In this section the expressions New Zealand ship New Zealand Government ship seamen Section 7(1)﻿(b) amended 1 March 2002 section 170(1) Public Trust Act 2001 Section 7(3) replaced 1 March 2002 section 170(1) Public Trust Act 2001
8: Offences
1: Every person commits an offence against this Act who—
a: acts in contravention of or fails to comply in any respect with any requirement lawfully made under this Act:
b: resists, obstructs, deceives, or attempts to deceive the Manager or any other person who is exercising or attempting to exercise any power or function under this Act:
c: knowingly or negligently makes any false or misleading statement or any material omission in any information or particulars furnished to the Manager or any other person under or for the purposes of this Act.
2: Every person who commits an offence against this Act is liable on Section 8(2) amended 1 July 2013 section 413 Criminal Procedure Act 2011
9: Regulations
The Governor-General may from time to time, by Order in Council, make regulations providing for such matters as are contemplated by or necessary for giving full effect to the provisions of this Act and for its due administration.
10: Act to be administered in the Department of Labour
Section 10 repealed 14 December 1979 Labour Department Amendment Act 1979