Plain language law

New Zealand law explained for everyone

417: No compensation for loss of office
or “The government doesn't have to pay people who lose their jobs because of changes to an old law.”

You could also call this:

“The group in charge is no longer around and has been shut down.”

The Authority no longer exists. It has been dissolved, which means it has been closed down and doesn’t operate anymore.

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Next up: 419: Assets and liabilities vest in Crown

or “The government gets everything the Authority owned and owed when it stops existing.”