Local Government Act 1974

Local authority trading enterprises and divestment of undertakings - Principal objective of local authority trading enterprise

594Q: Principal objective to be successful business

You could also call this:

"A local council's business must aim to be successful."

Illustration for Local Government Act 1974

The principal objective of a local authority trading enterprise is to be a successful business. You need to know that this objective is part of the Local Government Act. A local authority trading enterprise has to work towards being successful, but this part of the law was repealed on 1 July 2003 by section 266 of the Local Government Act 2002, which you can find on the legislation website.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM422581.


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594QA: Scope of operation of local authority trading enterprises that are passenger transport companies or that may receive payments for land transport related projects, or

"Rules for local councils that run transport services or get transport project payments"

Part 34ALocal authority trading enterprises and divestment of undertakings
Principal objective of local authority trading enterprise

594QPrincipal objective to be successful business (Repealed)

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    • Section 594Q: repealed, on , by section 266 of the Local Government Act 2002 (2002 No 84).