When you look at the rules about what you can do with certain assets and liabilities that are being transferred to a trust, you need to know what uses are allowed. You are deemed to have permission for certain uses, but this part of the law has been repealed. This means it is no longer in force, and it was repealed on 1 October 1998 by section 14(1)(e) of the Local Government Amendment Act 1998.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=DLM424541.
