A funding policy is a rule about how money is managed. You can find information about this in the Local Government Act 1974, but the part about funding policy is no longer used. It was stopped being used on 1 July 2003 by section 266 of the Local Government Act 2002, which you can read more about at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM174092.

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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=DLM418501.

Topics:

Government and voting > Local councils

122M: Significant forecasting assumptions of long-term financial strategy, or

"Big guesses that help plan a council's money for the future"

122O: Content of funding policy, or

"What a funding policy must include to explain how something is paid for"

Part 7AFinancial management

122NFunding policy (Repealed)

Notes

Section 122N: repealed, on 1 July 2003, by section 266 of the Local Government Act 2002 (2002 No 84).