Finance Act 1959

1: Short Title
This Act may be cited as the Finance Act 1959.
2: Apportionment between Consolidated Fund and Social Security Fund of money received from income tax
Section 2 repealed 1 April 1964 Public Revenues Amendment Act 1963
3: Salary of Controller and Auditor-General
Section 3 repealed 25 October 1960 section 2(2) Public Revenues Amendment Act 1960
4: Compensation Court for Lake Taupo compensation claims
Section 4 repealed 1 February 1982 section 248(1) Public Works Act 1981
5: Empowering certain local authorities to expend money in connection with Westland centennial celebrations
It shall be lawful and be deemed to have been lawful for any local authority or public body whose district lies wholly or partly within the boundaries of any of the Counties of Westland, Grey, and Inangahua to expend money out of its general fund or account towards celebrating and commemorating the 100th anniversary of the settlement of Westland, and in connection with the establishment of a centennial memorial or centennial memorials, and to make grants to the body known as the Westland Centennial Council for any such purpose.
6: Authorising certain expenditure by Survey Board
Notwithstanding anything in section 5 of the Surveyors Act 1938 or in any other Act, the Survey Board is hereby authorised to pay the sum of 500 pounds out of its funds to Archibald Hugh Bogle, Esquire, a member of the Board, for his services as Secretary of the Board for the period commencing on 1 December 1958 and ending with 15 July 1959 and it is hereby declared that the receipt of that sum shall not disqualify him from membership of the Board.
7: Public Trustee to administer funds of Institute for Care of Backward Children Incorporated
Whereas the Institute for the Care of Backward Children Incorporated (in this section referred to as the Institute funds And whereas the Institute desires that the funds should be applied as soon as practicable in or towards some purpose in connection with any home, school, or institution for intellectually handicapped children established by the Department of Health in or near the City of Auckland, and that the funds shall be held in trust in the meantime: And whereas the Institute has no power under its rules to dispose of the funds in that manner. Be it therefore enacted as follows:
1: The Institute shall as soon as may be after the passing of this Act pay and transfer the funds to the Public Trustee, whose receipt therefor shall be a sufficient discharge to the Institute.
2: The funds shall upon payment or transfer to the Public Trustee be invested in and form part of the Common Fund of the Public Trust Office, and bear interest accordingly.
3: Notwithstanding anything in any Act or rule of law, until the funds are disbursed by the Public Trustee in the manner hereinafter provided all interest arising therefrom shall be accumulated and added to the capital thereof.
4: Upon the establishment by the Department of Health of a home, school, or institution for intellectually handicapped children in or near the City of Auckland, the Public Trustee shall, as soon as may be thereafter, apply the funds and the accumulations of income in or towards the provision, as part of that home, school, or institution, or as an adjunct thereof, or otherwise in connection therewith, of a building, structure, or other work or amenity that will contribute towards the physical, mental, or recreational welfare of the children for the time being in or attending the home, school, or institution or will otherwise be for their benefit, and in a manner that as far as may be practicable will enable the building, structure, work, or amenity to possess such distinctive features or characteristics as will identify it with and commemorate the source from which the funds came.
8: Consumer Council
Section 8 repealed 1 April 1967 Consumer Council Act 1966
9: Section 24 of Civil List Act 1950 repealed
Amendment(s) incorporated in the Act(s)