When a trading undertaking is transferred, you need to know about the payment. A law called section 37H used to say what happens with the payment. This law was repealed on 1 November 1989 by the Local Government Amendment Act (No 2) 1989.

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This page was last updated on 10 September 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM416438.

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Business > Starting a businessMoney and consumer rights > Banking and loans

37G: Apportionment of petroleum tax revenue, or

"How petroleum tax money is shared"

37HA: Certain matters not affected by transfer of functions, duties, or powers, or

"Some things stay the same even if someone new gets the job or power."

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

37HPayment on transfer of trading undertaking (Repealed)

Notes

Section 37H: repealed, on 1 November 1989, by section 3(1) of the Local Government Amendment Act (No 2) 1989 (1989 No 29).