Part 7BBorrowing and security
Receivership
122ZLAppointment of receivers (Repealed)
Notes
- Section 122ZL: repealed, on , by section 266 of the Local Government Act 2002 (2002 No 84).


A receiver is someone who helps manage something when it is not being managed well. You might wonder how a receiver gets appointed, but this part of the law is no longer used. It was repealed, which means it was cancelled, on 1 July 2003, by section 266 of the Local Government Act 2002, you can find more information about this here. This change happened because of the Local Government Act 2002.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM418722.