Finance Act (No 2) 1988

1: Short Title and commencement
1: This Act may be cited as the Finance Act (No 2) 1988.
2: Except as provided in section 6
1: Substantive provisions
Land tax Heading repealed 31 March 1992 section 4(3) Land Tax Abolition Act 1990
2: Rates of land tax for year commencing on 1 April 1988
Section 2 repealed 31 March 1992 section 4(3) Land Tax Abolition Act 1990 National Roads Fund
3: Transfer from National Roads Fund to Consolidated Account
There shall be paid out of the National Roads Fund established under the National Roads Act 1953 Confirmation of Social Security (Rates of Benefits) Orders Heading repealed 23 March 1989 section 39(2) Finance Act 1989
4: Orders validated and confirmed
Section 4 repealed 23 March 1989 section 39(2) Finance Act 1989 Confirmation of War Pensions (Rates of Pensions and Allowances) Orders Heading repealed 31 July 1989 section 10(2) Finance Act (No 2) 1989
5: Orders validated and confirmed
Section 5 repealed 31 July 1989 section 10(2) Finance Act (No 2) 1989
2: Other substantive provisions
6: Commencement
1: Subject to subsections (2) to (5), this Part shall come into force on a date to be appointed by the Governor-General by Order in Council; and 1 or more Orders in Council may be made under this section bringing different provisions of this Part into force on different dates.
2: In the case of any provision of sections 8 to 11 Solid Energy New Zealand Limited
3: In the case of any provision of sections 15 to 18
4: In the case of any provision of sections 21 to 24 Crown Forestry Management Limited
5: In the case of sections 25 26 Section 6(1) brought into force 1 December 1988 clause 2(1) Finance Act Commencement Order 1988 Section 6(1) brought into force 1 January 1989 clause 2(2) Finance Act Commencement Order 1988 Section 6(1) brought into force 12 May 1989 Finance Act Commencement Order 1989 Section 6(1) brought into force 12 September 1990 Finance Act Commencement Order (No 2) 1990 Section 6(1) brought into force 15 May 1998 Finance Act (No 2) 1988 Commencement Order 1998 Section 6(1) brought into force 28 May 2001 Finance Act (No 2) 1988 Commencement Order 2001 Section 6(1) brought into force 1 January 2003 Finance Act Commencement Order 2002 Section 6(1) brought into force 1 December 2015 Finance Act (No 2) 1988 Commencement Order 2015 Section 6(2) amended 24 October 1997 clause 3 State-Owned Enterprises (Solid Energy New Zealand Limited) Order 1997 Section 6(4) amended 31 May 1996 clause 3 State-Owned Enterprises (Crown Forestry Management Limited) Order 1996 Solid Energy New Zealand Limited Heading repealed 30 June 2012 section 11 Public Finance (Mixed Ownership Model) Amendment Act 2012
7: Amendment to State-Owned Enterprises Act 1986
Section 7 repealed 30 June 2012 section 11 Public Finance (Mixed Ownership Model) Amendment Act 2012
8: Amendment to Official Information Act 1982
Section 8 repealed 30 June 2012 section 11 Public Finance (Mixed Ownership Model) Amendment Act 2012
9: Amendment to Ombudsmen Act 1975
Section 9 repealed 30 June 2012 section 11 Public Finance (Mixed Ownership Model) Amendment Act 2012
10: Amendment to Income Tax Act 1976
Section 10 repealed 1 April 1995 section YB 3(1) Income Tax Act 1994
11: Amendment to State Sector Act 1988
Section 11 repealed 19 December 1989 section 29(2) State Sector Amendment Act (No 2) 1989
12: Amendment to Coal Mines Act 1979
Section 12 repealed 1 April 1993 section 62(1) Health and Safety in Employment Act 1992 Government Property Services Limited
13: Amendment to State-Owned Enterprises Act 1986
1: Amendment(s) incorporated in the Act(s)
2: Notwithstanding the coming into force of subsection (1), sections 22 30 Schedule 2
3: Notwithstanding the coming into force of subsection (1) and whether or not all or any of the shares in Government Property Services Limited are held by Ministers of the Crown on behalf of the Crown, sections 23 to 29
a: Government Property Services Limited were a State enterprise named in Schedule 2
b: the Minister of Finance and the Minister for State-Owned Enterprises were the shareholding Ministers for Government Property Services Limited.
4: Each Minister of the Crown who holds shares in Government Property Services Limited on behalf of Her Majesty the Queen may exercise all or any of Her Majesty's rights and powers as the holder of those shares.
14: Amendment to Real Estate Agents Act 1976
1: Section 3(2)
2: The State-Owned Enterprises Amendment Act 1987 is hereby consequentially amended by repealing so much of Part A of Schedule 1 Real Estate Agents Act 1976 OIC Section 3(2)
15: Amendment to Official Information Act 1982
Amendment(s) incorporated in the Act(s)
16: Amendment to Ombudsmen Act 1975
Amendment(s) incorporated in the Act(s)
17: Amendment to Income Tax Act 1976
Section 17 repealed 1 April 1995 Income Tax Act 1994
18: Amendment to State Sector Act 1988
Section 18 repealed 19 December 1989 section 29(2) State Sector Amendment Act (No 2) 1989 Government Supply Brokerage Corporation (NZ) Limited
19: Amendment to State-Owned Enterprises Act 1986
1:
2:
3:
4:
(5), (6): Amendment(s) incorporated in the Act(s) Section 19(1) repealed 17 March 1992 section 10(6) Finance Act 1991 Section 19(2) repealed 17 March 1992 section 11(2) Finance Act 1991 Section 19(3) repealed 17 March 1992 section 13(2) Finance Act 1991 Section 19(4) repealed 17 March 1992 section 12(2) Finance Act 1991 Crown Forestry Management Limited Heading substituted 31 May 1996 clause 3 State-Owned Enterprises (Crown Forestry Management Limited) Order 1996
20: Amendment to State-Owned Enterprises Act 1986
1: Amendment(s) incorporated in the Act(s)
2: Notwithstanding the coming into force of subsection (1), sections 22 30 Crown Forestry Management Limited Crown Forestry Management Limited Schedule 2
3: Notwithstanding the coming into force of subsection (1) and whether or not all or any of the shares in Crown Forestry Management Limited sections 23 to 29
a: Crown Forestry Management Limited Schedule 2
b: the Minister of Finance and the Minister for State-Owned Enterprises were the shareholding Ministers for Crown Forestry Management Limited
4: Each Minister of the Crown who holds shares in Crown Forestry Management Limited Section 20(2) amended 31 May 1996 clause 3 State-Owned Enterprises (Crown Forestry Management Limited) Order 1996 Section 20(3) amended 31 May 1996 clause 3 State-Owned Enterprises (Crown Forestry Management Limited) Order 1996 Section 20(3)﻿(a) amended 31 May 1996 clause 3 State-Owned Enterprises (Crown Forestry Management Limited) Order 1996 Section 20(3)﻿(b) amended 31 May 1996 clause 3 State-Owned Enterprises (Crown Forestry Management Limited) Order 1996 Section 20(4) amended 31 May 1996 clause 3 State-Owned Enterprises (Crown Forestry Management Limited) Order 1996
21: Amendment to Official Information Act 1982
Amendment(s) incorporated in the Act(s)
22: Amendment to Ombudsmen Act 1975
Amendment(s) incorporated in the Act(s)
23: Amendment to Income Tax Act 2007
The Income Tax Act 2007 is amended by omitting from schedule 36 Crown Forestry Management Limited OIC LI 2015/242 2015-12-01 schedule 36 Section 23 substituted 1 April 2008 section ZA 2(1) Income Tax Act 2007
24: Amendment to State Sector Act 1988
Section 24 repealed 19 December 1989 section 29(2) State Sector Amendment Act (No 2) 1989 Air New Zealand Limited
25: Amendment to Official Information Act 1982
Amendment(s) incorporated in the Act(s)
26: Repeal
Amendment(s) incorporated in the Act(s) Airport Authorities
27: Amendment to Airport Authorities Act 1966
Amendment(s) incorporated in the Act(s) Auckland Airport
28: Amendments to Auckland Airport Act 1987
Amendment(s) incorporated in the Act(s) Land Corporation Limited
29: Amendment to State-Owned Enterprises Act 1986
Part 3
a: by inserting in clause 17 transferred to the Land Corporation Limited or to Permatron Investments Limited
b: by omitting from clause 17 included a reference to the Land Corporation Limited were a reference to Land Corporation Limited or, where any such land is transferred to Permatron Investments Limited, were a reference to that company OIC State-Owned Enterprises Act 1986