A divestment plan is something that was part of the law. You can find more information about this in the Local Government Act 1974. This part of the law was repealed, which means it is no longer in effect, and this happened on 13 November 2003.

The law that repealed it was the Land Transport Management Act 2003, and you can read about it on the Land Transport Management Act 2003 page. This change was made by section 90 of that law. It affected section 594ZX of the original law.

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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=DLM422820.

Topics:

Government and voting > Local councilsHousing and property > Land use

594ZW: Function of divestment units, or

"What 'divestment units' used to do, before the law was changed in 2003."

594ZY: Sale to territorial authorities, or

"Selling council things to other councils is no longer a part of the law"

Part 34BTransport-related enterprises and divestment of undertakings

594ZXDivestment plan (Repealed)

Notes

Section 594ZX: repealed, on 13 November 2003, by section 90 of the Land Transport Management Act 2003 (2003 No 118).