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Taratahi Agricultural Training Centre (Wairarapa) Act 1969

9: Powers of trust board

You could also call this:

"What the trust board is allowed to do"

Illustration for Taratahi Agricultural Training Centre (Wairarapa) Act 1969

You have a trust board that can do certain things. The trust board can farm, develop, and manage the training centre. It can also sell or exchange its personal property. You can think of personal property as things the trust board owns that are not land or buildings. The trust board can buy more personal property if it needs to. It can also buy land or buildings, but it needs to ask the Minister first. The trust board can build new things or fix old things on the training centre. It must keep all the buildings and other things in good condition. The trust board can hire people to work for it and pay them a salary. The trust board must ask the Minister before it spends too much money on new buildings or equipment. It must also ask the Minister before it changes how it invests its money or makes big changes to how it uses the training centre. The trust board can spend a little bit of money on things that are not allowed by the law, but not too much.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM394303.

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8: Vesting of property in trust board, or

"The trust board now owns the land and property of the Taratahi Agricultural Training Centre."

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10: Training centre not to be sold or leased, or

"The training centre must not be sold or leased without permission."

9Powers of trust board

  1. Subject to subsection (2), in the exercise of its functions the trust board shall have the following powers:

  2. to farm, develop, and manage the training centre:
    1. to sell, exchange, or otherwise deal with any of its personal property upon such terms and subject to such conditions as it determines:
      1. to acquire, whether by purchase or otherwise, any personal property for its general purposes or for any particular purpose:
        1. with the prior consent of the Minister, to acquire by purchase, gift, or otherwise howsoever any real property for its general purposes or for any particular purpose:
          1. to erect, add to, or alter such buildings, other works, and improvements on the training centre as it considers necessary, expedient, incidental, or conducive to the functions of the trust board:
            1. to maintain and keep in good order, condition, and repair all buildings, other works, and improvements vested in the trust board:
              1. to appoint officers and servants at such salaries and upon such conditions as it thinks fit, and make contributions to the global asset trust or any pool of the global asset trust or any existing scheme for the purpose of providing retiring allowances for its officers and servants. The trust board is hereby declared to be a local authority for the purposes of the National Provident Fund Act 1950:
                1. to insure against public liability, loss, or damage by fire or earthquake or such other risks as the trust board may from time to time consider necessary or expedient.

                  1. Except with the prior consent of the Minister, the board shall not—

                  2. incur capital expenditure exceeding $100,000 plus any goods and services tax payable on any one item of new buildings or equipment or any extension of existing capital works:
                    1. alter the mode of investment of any of its funds:
                      1. make any major policy change with respect to the use of the training centre.

                        1. The trust board may, in any year ending with 30 June, expend out of the funds of the trust for purposes not authorised by this Act or by any other Act or law, such sum or sums as it thinks fit not amounting in the aggregate to more than $200.

                        Notes
                        • Section 9(1)(a): amended, on , pursuant to section 3(2)(a) of the Taratahi Agricultural Training Centre (Wairarapa) Amendment Act 1981 (1981 No 97).
                        • Section 9(1)(e): amended, on , pursuant to section 3(2)(a) of the Taratahi Agricultural Training Centre (Wairarapa) Amendment Act 1981 (1981 No 97).
                        • Section 9(2)(a): amended, , by section 3 of the Taratahi Agricultural Training Centre (Wairarapa) Amendment Act 2002 (2002 No 76).
                        • Section 9(2)(c): amended, on , by section 3(2)(a) of the Taratahi Agricultural Training Centre (Wairarapa) Amendment Act 1981 (1981 No 97).
                        • Section 9(1)(g): amended, on , pursuant to section 34(b) of the National Provident Fund Restructuring Act 1990 (1990 No 126).
                        • Section 9(2A): inserted, on , by section 3(2) of the Wairarapa Cadet Training Farm Amendment Act 1975 (1975 No 110).