Home | Databases | WorldLII | Search | Feedback New Zealand Bill of Rights Act Reports

New Zealand Guardian Trust Company Amendment Bill (Consistent) [2007] NZBORARp 37 (15 October 2007)

Last Updated: 2 January 2019

New Zealand Guardian Trust Company Amendment Bill

15 October 2007

Attorney-General

LEGAL ADVICE

CONSISTENCY WITH THE NEW ZEALAND BILL OF RIGHTS ACT 1990: NEW ZEALAND GUARDIAN TRUST COMPANY AMENDMENT BILL

1. We have considered whether the New Zealand Guardian Trust Company

Amendment Bill, a Private Bill in the name of Hon Judith Tizard, is consistent with the New Zealand Bill of Rights Act 1990. The Bill was introduced to the House of Representatives on 9 October 2007 and is currently awaiting its first reading. The Ministry understands that the next Members’ Day is scheduled for 17 October 2007.

2. The Bill seeks to amend the New Zealand Guardian Trust Company Act 1982 (the principal Act) to authorise The New Zealand Guardian Trust Company Limited to:

a. be able to transact business with its current and future parent companies, and with those

parent companies’ subsidiaries and associated companies

b. ensure the principal Act reflects the current ownership structure because, as a result of a merger on 20 March 2007, the parent company changed from Promina Group Limited to Suncorp-Metway Limited

c. validate business transacted with Suncorp-Metway Limited, or its subsidiaries, on or between 20 March 2007 and the commencement of this Act.

3. We have concluded that the Bill does not appear to be inconsistent with the rights and freedoms affirmed by the New Zealand Bill of Rights Act 1990.

Melanie Webb

Manager, Ministerial Advice

Office of Legal Counsel

Charlotte Connell Senior Adviser Public Law Group

In addition to the general disclaimer for all documents on this website, please note the following: This advice was prepared to assist the Attorney-General to determine whether a report should be made to Parliament under s 7 of the New Zealand Bill of Rights Act 1990 in relation to the New Zealand Guardian Trust Company Amendment Bill. It should not be used or acted upon for any other purpose. The advice does no more than assess whether the Bill complies with the minimum guarantees contained in the New Zealand Bill of Rights Act. The release of this advice should not be taken to indicate that the Attorney-General agrees with all aspects of it, nor does its release constitute a general waiver of legal professional

privilege in respect of this or any other matter. Whilst care has been taken to ensure that

this document is an accurate reproduction of the advice provided to the Attorney-General,

neither the Ministry of Justice nor the Crown Law Office accepts any liability for any errors or omissions.