Local Government Act 1974

The Local Government Commission - Matters common to regional and reorganisation schemes

37E: Apportionment of assets and liabilities

You could also call this:

"Sharing council assets and debts"

Illustration for Local Government Act 1974

When you look at how assets and liabilities are shared, you need to know that section 37E is about this topic. This section was repealed, which means it is no longer part of the law, on 1 November 1989. It was repealed by section 3(1) of the Local Government Amendment Act (No 2) 1989.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM416424.


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"What happens when a district joins another district"


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37F: Apportionment of loan liabilities, or

"How councils shared debt before 1989"

Part 1The Local Government Commission
Matters common to regional and reorganisation schemes

37EApportionment of assets and liabilities (Repealed)

    Notes
    • Section 37E: repealed, on , by section 3(1) of the Local Government Amendment Act (No 2) 1989 (1989 No 29).