Part 10Miscellaneous financial provisions
Borrowing
180Security for loans (Repealed)
Notes
- Section 180: repealed, on , by section 10(1) of the Local Government Amendment Act (No 3) 1996 (1996 No 83).
Local Government Act 1974
Miscellaneous financial provisions - Borrowing
180: Security for loans
"Old rule about councils borrowing money, no longer used."
When you look at the law about borrowing for local governments, you find a part called 'Security for loans'. This part is no longer used because it was repealed. It was repealed on 1 July 1998 by section 10(1) of the Local Government Amendment Act (No 3) 1996.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM419241.