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Local Government Act 2002

Council-controlled organisations and council organisations - Monitoring and reporting

72: Application of Act to related companies

You could also call this:

“Rules for companies connected to council-controlled organisations”

If you are linked to a council-controlled organisation, you need to follow certain rules. These rules are found in sections 57 to 71 of this Act. You are considered linked if you are a ‘related company’. This means you have a close connection to the council-controlled organisation, as defined in the Companies Act 1993. If you are a related company, you must follow the same rules as if you were a council-controlled organisation yourself.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM172309.

Topics:
Government and voting > Local councils
Business > Industry rules
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73: Transfer of undertakings to council-controlled organisations, or

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Part 5 Council-controlled organisations and council organisations
Monitoring and reporting

72Application of Act to related companies

  1. Sections 57 to 71 apply to a company as if it were a council-controlled organisation if the company is a related company (within the meaning of section 2(3) and (4) of the Companies Act 1993) of a council-controlled organisation.

Notes
  • Section 72: substituted, on , by section 8 of the Local Government Act 2002 Amendment Act 2004 (2004 No 63).