Local Government Act 1974

Council property

225C: Application of proceeds of sale

You could also call this:

"What happens to the money when a council sells something it owns"

Illustration for Local Government Act 1974

When a council sells its property, you might wonder what happens to the money it gets. The law used to say what the council had to do with this money, but this part of the law is no longer in effect. It was repealed on 1 July 2003 by section 266 of the Local Government Act 2002.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=DLM419677.


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225B: Port company shares and assets and liabilities of former harbour boards, or

"Old rules about shares and property of harbour boards that are no longer used"


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225D: Community trusts, or

"Old law about community trusts that is no longer used"

Part 13Council property

225CApplication of proceeds of sale (Repealed)

    Notes
    • Section 225C: repealed, on , by section 266 of the Local Government Act 2002 (2002 No 84).