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Local Government Act 1974

Financial management

122C: Principles of financial management

You could also call this:

"Rules for managing money in local government"

Illustration for Local Government Act 1974

There was a law called section 122C that had principles of financial management. You can find more information about what happened to this law in the Local Government Act 2002. This law was repealed on 1 July 2003, which means it is no longer in effect.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM418460.

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Government and voting > Local councilsMoney and consumer rights > Taxes
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122B: Purposes, or

"What the law is trying to achieve, but this part is no longer used."

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122D: Local authorities not required to use specific funding mechanisms, or

"Councils can choose how they manage their money"

Part 7AFinancial management

122CPrinciples of financial management (Repealed)

    Notes
    • Section 122C: repealed, on , by section 266 of the Local Government Act 2002 (2002 No 84).