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Local Government Act 1974

Local authority trading enterprises and divestment of undertakings - Transfers of undertakings

594ZP: Prohibition on guarantees, etc

You could also call this:

"Councils can't promise to pay debts for others: this law was removed in 2003"

Illustration for Local Government Act 1974

A part of the Local Government Act 1974 called 'Prohibition on guarantees, etc' was repealed. This means it is no longer part of the law. It was removed on 1 July 2003 by section 266 of the Local Government Act 2002. You can find more information about this change by looking at 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=DLM422676.

Topics:
Government and voting > Local councils
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594ZO: Exclusion, or

"When a law is no longer used, like section 594ZO which stopped on 1 July 2003."

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594ZPA: Restriction on lending to local authority trading enterprise, or

"No lending to council businesses"

Part 34ALocal authority trading enterprises and divestment of undertakings
Transfers of undertakings

594ZPProhibition on guarantees, etc (Repealed)

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    • Section 594ZP: repealed, on , by section 266 of the Local Government Act 2002 (2002 No 84).