Plain language law

New Zealand law explained for everyone

Local Government Act 1974

Financial management

122S: Content of borrowing management policy

You could also call this:

"What councils must include in their plan to manage debt"

Illustration for Local Government Act 1974

A borrowing management policy is a plan that helps councils manage their debt. You need to know what this policy includes, but the details are not provided here. The section that explains what should be in this policy, called section 122S, is no longer in use because it was repealed on 1 July 2003 by section 266 of the Local Government Act 2002.

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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=DLM418518.

Topics:
Government and voting > Local councilsHousing and property > Land use
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122R: Borrowing management policy, or

"Rules for managing council borrowing"

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122T: Changes to long-term financial strategy and policies, or

"Changes to council's long-term money plans and rules"

Part 7AFinancial management

122SContent of borrowing management policy (Repealed)

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    • Section 122S: repealed, on , by section 266 of the Local Government Act 2002 (2002 No 84).