The law used to have a part called the insurance fund, but it is no longer in use. You can find out what happened to it by looking at the Local Government Act 2002. This act changed the law on 1 July 2003, and you can read about it on the Local Government Act 2002 webpage.

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 It might be out of date or be missing some parts.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=DLM422169.

Topics:

Government and voting > Local councils

570: Extending lending powers of financial institutions, or

"Letting banks lend more money to people and groups"

572: Development, sale, or lease of land and buildings for commercial or industrial purposes, or

"Selling or leasing land for businesses or factories"

Part 32Land development for housing, commercial, and industrial purposes
Advances to financial institutions and guarantees of housing loans

571Insurance fund (Repealed)

Notes

Section 571: repealed, on 1 July 2003, by section 266 of the Local Government Act 2002 (2002 No 84).