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Local Government Act 2002

Consequential amendments, repeals, revocations, transitional provisions, and savings - Transitional provisions

304: Sale of land purchased for commercial or industrial purposes

You could also call this:

“Rules for selling business land bought before 2002”

If you bought land for business or factory reasons before the Local Government Act 2002 came into effect, there are special rules about selling it. Even though the new law got rid of an old rule (section 572 of the Local Government Act 1974), part of that old rule still matters. The part that still matters is subsection 6. This part tells you what you need to do if you want to sell the land. So, if you’re thinking about selling land that you bought for business or factory use before the new law started, you need to follow the rules in subsection 6 of the old law.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM174236.

Topics:
Government and voting > Local councils
Housing and property > Land use
Business > Industry rules
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Part 12 Consequential amendments, repeals, revocations, transitional provisions, and savings
Transitional provisions

304Sale of land purchased for commercial or industrial purposes

  1. Despite the repeal by this Act of section 572 of the Local Government Act 1974, subsection (6) of that section continues to have effect in relation to the sale of any land to which that section applies (being land that the local authority has purchased for commercial or industrial purposes before the repeal of that section).