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Local Government Act 1974

Land development for housing, commercial, and industrial purposes - Development of land for housing

562: Accounting of proceeds of sale or lease of building allotments

You could also call this:

"What happens to the money when a council sells or leases land for housing?"

Illustration for Local Government Act 1974

When a council sells or leases land for housing, you want to know what happens to the money they get. A law used to say how councils had to account for this money, but it is no longer in force. It was repealed on 1 July 1998 by section 10(1) of the Local Government Amendment Act (No 3) 1996.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=DLM422137.

Topics:
Government and voting > Local councilsHousing and property > Land use
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Part 32Land development for housing, commercial, and industrial purposes
Development of land for housing

562Accounting of proceeds of sale or lease of building allotments (Repealed)

    Notes
    • Section 562: repealed, on , by section 10(1) of the Local Government Amendment Act (No 3) 1996 (1996 No 83).