Local Government Act 1974

Local authority trading enterprises and divestment of undertakings

594D: Transfer of existing undertaking to local authority trading enterprise or other entity in which local authority will not have majority interest

You could also call this:

"When a council sells a business it already owns to a new company it doesn't fully control"

Illustration for Local Government Act 1974

If you look at a law called the Local Government Act 1974, you will find a part that was called section 594D. This section was about transferring an existing undertaking to a local authority trading enterprise or another entity where the local authority does not have the majority interest. You can find out more about what happened to this section by looking at the Local Government Act 2002, which is available at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM174092. This section was repealed, which means it is no longer part of the law, on 1 July 2003.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM422538.


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594C: Transfer of existing undertaking to local authority trading enterprise where local authorities have majority interest, or

"When a local council controls a business, it can take over an existing project."


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594E: Prohibition on transfer of regulatory functions, or

"Some council jobs can't be given to someone else"

Part 34ALocal authority trading enterprises and divestment of undertakings

594DTransfer of existing undertaking to local authority trading enterprise or other entity in which local authority will not have majority interest (Repealed)

    Notes
    • Section 594D: repealed, on , by section 266 of the Local Government Act 2002 (2002 No 84).