When a trust gets certain assets and liabilities from a local government, you need to think about taxes and duties. This part of the law is called section 707X, but it is no longer in use because it was repealed. It was repealed on 1 October 1998 by section 14(1)(e) of the Local Government Amendment Act 1998.

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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=DLM424538.

Topics:

Government and voting > Local councilsMoney and consumer rights > Taxes

707W: Taxation, or

"Tax rules for local governments getting assets and debts"

707Y: Uses deemed to be permitted uses, or

"Some uses of assets are automatically allowed, even if they're not specifically permitted."

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

707XTaxes and duties (Repealed)

Notes

Section 707X: repealed, on 1 October 1998, by section 14(1)(e) of the Local Government Amendment Act 1998 (1998 No 89).