Local Government (Rating) Act 2002

Lump sum contributions

117D: Consequences for local authority if capital project funding plan adopted

You could also call this:

"What happens to the local council if they adopt a plan to fund a big project"

Illustration for Local Government (Rating) Act 2002

If a local authority adopts a capital project funding plan for a project, you need to know it must follow the plan when funding the project. The local authority must not use money from targeted rates for anything else except the project. This rule applies unless the project invitation says something different.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM133135.


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117C: Requirement to pay lump sum contribution must not be imposed on ratepayers, or

"Councils can't force you to pay a lump sum for big projects unless you agree to it."


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117E: Contents of capital project funding plan, or

"What a local authority must include in its big project budget plan"

Part 4ALump sum contributions

117DConsequences for local authority if capital project funding plan adopted

  1. Once a local authority has adopted a capital project funding plan for a capital project,—

  2. it must not fund the project in any way other than in accordance with the funding plan; and
    1. the proceeds from any targeted rates collected under the funding plan must not be used for any purpose other than the project.
      1. Subsection (1) applies subject to any express provisions to the contrary in the invitation for the project.

      Notes
      • Section 117D: inserted, on , by section 10 of the Local Government (Rating) Amendment Act 2006 (2006 No 28).