If you want to buy land that was used for a public work, you can pay for it over time instead of all at once. This is called buying on deferred payments. The government minister or your local council can decide how long you have to pay and what the rules are for paying. They might ask you to pay some money upfront as a deposit. This applies to land that is being sold under section 40 or section 42 of the law.
This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.
This page was last updated on
View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM46092.
Any land held for a public work and proposed to be sold pursuant to section 40 or section 42 may be sold on deferred payments extending over such period and on such terms and conditions, including a deposit, as the Minister or the local authority, as the case may be, may determine.
