Part 8
Regulatory, enforcement, and coercive powers of local
authorities
Development contributions:
Use of development contributions
207Power to use money collected and held under Local Government Act 1974 or Resource Management Act 1991
This section applies to money collected—
- as contributions under
Part 20
of the Local Government Act 1974:
- as contributions under
sections 407
or
409 of
the Resource Management Act 1991.
If, at the commencement of this subpart, a territorial authority holds money to which this section applies, the territorial authority may, with the written approval of the Minister, use the money as if it had been collected in accordance with this subpart,—
- in the case of money collected under
Part 20
of the Local Government Act 1974, in accordance with this subpart; and
- in the case of money collected under
sections 407
or
409 of
the Resource Management Act 1991, in accordance with the conditions imposed under those
sections.