What the official record says
This Act is the Keep Kiwibank Act . This Act comes into force on the day after the date on which it receives the Royal assent. The purpose of this Act is to ensure that Kiwibank continues to be owned by the New Zealand people, unless and until it is absolutely clear that they no longer wish to own Kiwibank. In this Act, unless the context otherwise requires,— means the State enterprise New Zealand Post Limited as listed in Schedule 1 of the State-Owned Enterprises Act 1986 means the wholly owned subsidiary of New Zealand Post Limited that currently operates as a registered New Zealand bank. This Act binds the Crown. Despite any other enactment or rule of law, no sale or other disposal of ownership or control of all or any of New Zealand Post Ltd's interest in Kiwibank may proceed unless a