Local Government Act 1974

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

707UA: Divestment of assets in transport-related enterprises to be subject to Part 34B

You could also call this:

"Selling transport business assets has its own rules in the Local Government Act."

Illustration for Local Government Act 1974

When you look at the law about local government, you will see a part that was repealed. This part is called section 707UA and it was about selling assets in transport-related businesses. It was repealed on 1 October 1998 by the Local Government Amendment Act 1998, which you can find on the legislation website.

This repeal means that section 707UA is no longer part of the law. You can still find information about it, but it does not apply anymore. The repeal was made through a specific section 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=DLM424528.


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"Councils can't give away certain powers to a Trust"


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"Exemption from paying stamp duty on certain assets is no longer available"

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

707UADivestment of assets in transport-related enterprises to be subject to Part 34B (Repealed)

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    • Section 707UA: repealed, on , by section 14(1)(e) of the Local Government Amendment Act 1998 (1998 No 89).