Pursuant to section 24(1) of the State-Owned Enterprises Act 1986, the Ministers of Finance and for State-Owned Enterprises, being the Shareholding Ministers, hereby give notice as follows.
N o t i c e
1. Title—This notice may be cited as the State-Owned Enterprises (Landcorp Farming Limited—Cape Foulwind Farm Settlement Westport) Vesting Notice 2009 No. 1.
2 Application—This notice applies to the land described in the Schedule to this notice, saving and excepting:
(a) the bed of any navigable river (as those terms were defined in section 261 of the Coal Mines Act 1979); and
(b) the bed of any river or stream that has an average width of 3 metres or more; and
(c) the bed of any lake that has an area (calculated
on the basis of its normal level or maximum control level and the normal level or maximum control level of all its bays and inlets) of more than 8 hectares; and
(d) the bed of any bay or inlet of any such lake.
3. Approval and vesting—The land to which this notice applies:
(a) is hereby approved for the purposes of section 24(1)(b)(ii) of the State-Owned Enterprises Act 1986; and
(b) on the date of this notice shall vest for an estate in fee simple in Landcorp Farming Limited (a company duly incorporated under the Companies Act 1993, having its registered office at Wellington, and being a State enterprise within the meaning of section 29(1) of the State-Owned Enterprises Act 1986).
Nelson Land District—Buller District Council
Section 41 SO 13007.
Dated at Wellington this 4th day of August 2009.
HON SIMON WILLIAM ENGLISH, Minister of Finance.
HON SIMON JAMES POWER, Minister for State-Owned Enterprises.