Part 14
Miscellaneous provisions
Rights of objection
359Regional councils to pay rents, royalties, and other money received into Crown Bank Account
All rents, royalties, and other sums of money which the holders of resource consents are, by virtue of any authorisation granted under section 161 or any regulations made under section 360(1)(c), required to pay, shall be the property of the Crown and every regional council shall—
- collect and receive from the holders of such resource consents in its region, all such rents,
royalties, and other sums of money on behalf of the Crown; and
- pay that money into a Crown Bank Account in accordance with the
Public Finance Act 1989.
Notes
- Section 359(b): amended, on , pursuant to section 65R(3) of the Public Finance Act 1989 (1989 No 44).