The law used to say something about rates of interest, but this part of the law is no longer valid. It was stopped from being a law on 1 July 1990. This happened because of a change made by the Local Government Amendment Act (No 2) 1989. You can find more information about this change in that act.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

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=DLM419577.

Topics:

Government and voting > Local councilsMoney and consumer rights > Banking and loans

220: Government not liable for district debts, or

"The government does not have to pay debts owed by a local district."

222: Offences by employees with respect to money or accounts, or

"Rules about local government workers who misuse money or accounts"

Part 12Accounting documents, special funds, trading undertakings, and expenditure
Miscellaneous provisions

221Rates of interest (Repealed)

Notes

Section 221: repealed, on 1 July 1990, by section 22(1)(f) of the Local Government Amendment Act (No 2) 1989 (1989 No 29).