Local Government Act 1974

Accounting documents, special funds, trading undertakings, and expenditure - Custody of and payment of money

206: Deposit at interest

You could also call this:

"An old law about councils earning interest on deposited money, now no longer used."

Illustration for Local Government Act 1974

When you look at the law about local government, you will see a part called 'Deposit at interest'. This part is no longer used because it was repealed. It was repealed on 1 July 1990 by section 22(1)(c) of the Local Government Amendment Act (No 2) 1989.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM419489.


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"Paying money into and out of council bank accounts"


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Part 12Accounting documents, special funds, trading undertakings, and expenditure
Custody of and payment of money

206Deposit at interest (Repealed)

    Notes
    • Section 206: repealed, on , by section 22(1)(c) of the Local Government Amendment Act (No 2) 1989 (1989 No 29).