The asset renewal charge does not apply anymore because it was repealed. This means it was removed from the law. You can find out more about when it was repealed by looking at the Local Government Amendment Act (No 2) 1989, which changed the law on 1 July 1990. This change was made by section 22(1)(c) of that Act.

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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=DLM419504.

Topics:

Government and voting > Local councilsHousing and property > Land use

210: Asset renewal charge, or

"An old charge that councils used to collect, now no longer in use."

212: Investment of asset renewal charge, or

"Old rule about investing money to replace old things is no longer used."

Part 12Accounting documents, special funds, trading undertakings, and expenditure
Special provisions as to trading undertakings

211Application of asset renewal charge (Repealed)

Notes

Section 211: repealed, on 1 July 1990, by section 22(1)(c) of the Local Government Amendment Act (No 2) 1989 (1989 No 29).