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THE CONTRACTS CLAUSE.

COMPANY DIRECTORS* POSITION. [BY mEORWH.—SMSCIAt..'REPORTER.] WELLINGTON. Wednesday. The principal provision ini the-Municipal Corporations Amendment Bill amends paragraph (h) of section: 40 of the $20 Act, which disqualifies persons-interested in contracts witp a municipal council from being elected to or sitting on the council. At present the disqualification does not extend to "a member of an incorporated company in which there Are more than 20 members, and Of which he is neither a director W the general'manager." The Bill proposes to omit the words "neither a director nor," and to substitute the word " not," the effect being to exempt directors of companies, and to disqualify only the general manager. An exactly similar amendment is proposed in the Counties' Act. ■:■_ , -, ■". ~. THE COMPANIES AC*. REGISTRATION PROVISIONS. AMENDMENT INTRODUCED. [BY TBLBORAPtI.<*-SpEOIAI RW"6|ITJ!*.] ■.. - * WELLINGTON, mdnesday. An■ amendment of the' Companies Ad was to-day introduced in the Legislative Council <by Sir Francis Bell. A section pf the principal Act provides that no company, association, or partnership, consisting of more than ten persona is to be formed for the putyoae of carrying on any business that hue for ite object the acquisition of gain Wlew it is under the Act or is formed in pursuance of some Act,or by. Boyal Charter or letters; patent. The BjlJ exempts, co-opera-tive* I&bour from the application of this provision.' It ahio adds an empowering 'section tea part Of the Act which enables dairy companies to invest in correlated businesses. '. / "' :V Sir FraiiCis Bell explained that dairy companies wishod to tike shares in the Farmers' Mutual Insurance Company and that the Bill gave them pewer to do ax The Bill Was read a first time.

MACHINERY INSPECTION.

CASE OF OIL ENGINES.

EXCLUSION SUGGESTED. s . [by telegraph.—social reporter.] WELLINGTON. Wednesday. In the liaise to-night, / Sir' William Herries moved the second reading of tho Inspection of Machinery Amendment Bill. /The Leader of the Opposition, Mr. T. M. Wilford, and several members' urged that oil engine? should he excluded from * the schedule as their inspection mi unnecessary.' Whera boilers #ere,ttsedin farming work it was urgec) that inspection should be made" at a tim 6 when it would cause I 'the least inconvenience. ■/;■ ■ Mr. C. E. Statham (Dunedin Central) asked' that women should be permitted to. work'electric lifts, . • /,' . t Mr. M. J. Savage (Aiickland West) considered oil fehgines. should , not. 'be exempted. They required just, as competent handling as any other machinery. Mr. A:, Hamilton (WaMe). th : oust the method of examination oV. enginedrivers should be made. m6re practical. He also complained at mqtOi' tractors having to ,Be examined while' similarly engined, were exempt. ' ; ./'. Sir William Herries; replying, l .qiid he would refer the matters mentioned to the Minister"imoharie of the partment before the Bill 'yme, considered in Committee; The Bill did not 'demand -further inspection than AVas 'required sent.' Machinery should; be "inspected so ■ that the'workers' pS>fety- was -assured.' In, regard to the .exemption- for motors/ tho difficulty was to decidoi'on the'ilimit of horse-power to ; be' exempted. Jicgafding Ijft work|, it.' jwas 'desjredatvprefcent-'-Ttp reserve such 'Wbrk lor disableq" soldiers; for whom it was suitable: s The Bill was read a,BeQond;time.. ''"'\ '"■'■

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19211215.2.100

Bibliographic details

New Zealand Herald, Volume LVIII, Issue 17965, 15 December 1921, Page 8

Word Count
518

THE CONTRACTS CLAUSE. New Zealand Herald, Volume LVIII, Issue 17965, 15 December 1921, Page 8

THE CONTRACTS CLAUSE. New Zealand Herald, Volume LVIII, Issue 17965, 15 December 1921, Page 8