Local Government Act 1974

Auckland Regional Services Trust - Transfer of specified assets and specified liabilities to Trust

707QB: Prohibition on sale or other disposition of water services assets and shares in Watercare Services Limited

You could also call this:

"No selling of water services assets or shares in Watercare Services Limited is allowed."

Illustration for Local Government Act 1974

You cannot sell or get rid of water services assets and shares in Watercare Services Limited. This rule is part of the Local Government Act 1974. It was repealed on 1 October 1998 by section 14(1)(e) of the Local Government Amendment Act 1998.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM424512.


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707QA: Special provisions in relation to transfers of assets and liabilities to Watercare Services Limited and Regional Forests Limited, or

"Rules for transferring assets to Watercare and Regional Forests companies"


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707R: Vesting of assets and liabilities in Trust, or

"When assets and liabilities are given to a Trust, the Trust owns them."

Part 44BAuckland Regional Services Trust
Transfer of specified assets and specified liabilities to Trust

707QBProhibition on sale or other disposition of water services assets and shares in Watercare Services Limited (Repealed)

    Notes
    • Section 707QB: repealed, on , by section 14(1)(e) of the Local Government Amendment Act 1998 (1998 No 89).