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NGĀTI HAUĀ CLAIMS SETTLEMENT ACT 2014 - SECT 108
Interpretation
108 Interpretation
In this subpart and Schedule 5 ,—
"control" , for the purposes of paragraph (d) of the definition of Crown body,
means,— a) for a company, control of the composition of its
board of directors; and
b) for another body, control of the composition of
the group that would be its board of directors if the body were a company
"Crown body" means— a) a Crown entity, as defined in section 7(1) of the
Crown Entities Act 2004; and
b) a State enterprise, as defined in section 2
of the State-Owned Enterprises Act 1986; and
c) the New Zealand Railways
Corporation; and
d) a company or body that is wholly owned or controlled by 1
or more of the following: i) the Crown:
ii) a Crown entity:
iii) a State
enterprise:
iv) the New Zealand Railways Corporation; and
e) a subsidiary or
related company of a company or body referred to in paragraph (d)
"dispose of" , in relation to RFR land,— a) means to— i) transfer or vest
the fee simple estate in the land; or
ii) grant a lease of the land for a
term that is, or will be (if any rights of renewal or extension are exercised
under the lease), 50 years or longer; but
b) to avoid doubt, does not include
to— i) mortgage, or give a security interest in, the land; or
ii) grant an
easement over the land; or
iii) consent to an assignment of a lease, or to a
sublease, of the land; or
iv) remove an improvement, a fixture, or a fitting
from the land; or
v) vest and gift back Te Tapui Scenic Reserve under subpart
5 of Part 2
"expiry date" , in relation to an offer, means its expiry date under sections
111(2)(a) and 112
"notice" means a notice given under this subpart
"offer" means an offer by an RFR landowner, made in accordance with section
111 , to dispose of RFR land to the trustees
"public work" has the meaning given in section 2 of the Public Works Act
1981
"related company" has the meaning given in section 2(3) of the Companies Act
1993
"RFR landowner" , in relation to RFR land,— a) means the Crown,
if the land is vested in the Crown or the Crown holds the fee simple estate in
the land; and
b) means a Crown body, if the body holds the fee simple estate
in the land; and
c) includes a local authority to which RFR land has been
disposed of under section 117(1) ; but
d) to avoid doubt, does not include an
administering body in which RFR land is vested— i) on the settlement date;
or
ii) after the settlement date, under section 118(1)
"RFR period" means the period of 173 years on and from the
settlement date
"subsidiary" has the meaning given in section 5 of the Companies Act
1993.
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