Local Government Act 1974

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

707S: Certain matters not affected by transfer of specified assets or specified liabilities to Trust

You could also call this:

"Some things stay the same when assets or debts are moved to a Trust"

Illustration for Local Government Act 1974

The transfer of certain assets or liabilities to a Trust does not affect some matters. You need to know that this rule is part of the Local Government Act 1974. This particular rule, section 707S, was repealed on 1 October 1998 by section 14(1)(e) of the Local Government Amendment Act 1998.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=DLM424519.


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


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707T: Provisions relating to transfer of specified assets and specified liabilities to Trust, or

"Transferring assets and debts to a Trust: what the law says"

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

707SCertain matters not affected by transfer of specified assets or specified liabilities to Trust (Repealed)

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    • Section 707S: repealed, on , by section 14(1)(e) of the Local Government Amendment Act 1998 (1998 No 89).