Part 7AFinancial management
122FPrinciples relating to funding of expenditure needs (Repealed)
Notes
- Section 122F: repealed, on , by section 266 of the Local Government Act 2002 (2002 No 84).
Local Government Act 1974
Financial management
122F: Principles relating to funding of expenditure needs
"Rules for how local governments pay for things they need"
When you look at how local governments manage their money, there are rules to follow. You need to know that section 122F is about how they fund the things they need to spend money on. This section was repealed, which means it is no longer in use, as of 1 July 2003, by section 266 of the Local Government Act 2002.
The repeal of section 122F happened because of a change made by the Local Government Act 2002. You can find more information about this change in the Local Government Act 2002. This change affected how local governments manage their finances.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM418469.