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New Zealand law explained for everyone

Residential Tenancies Act 1986

Administration - Residential Tenancies Trust Account

130: Corporation may make money available

You could also call this:

“The law used to let a special group give money to help with renting homes, but this rule doesn't exist anymore.”

This part of the law used to explain how a corporation could make money available in relation to the Residential Tenancies Trust Account. However, this section is no longer in effect. It was removed from the law on 18 August 1992. The government decided to take it out when they made changes to the Residential Tenancies Act. If you want to know more about why this change was made, you can look at section 15 of the Residential Tenancies Amendment Act 1992.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM95994.

Topics:
Housing and property > Renting
Government and voting > Government departments
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129: Part B of the Fund, or

“A part of the fund that used to exist but doesn't anymore”

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131: Corporation may borrow, or

“The government's housing group used to be allowed to borrow money, but this rule was changed.”

Part 4 Administration
Residential Tenancies Trust Account

130Corporation may make money available (Repealed)

    Notes
    • Section 130: repealed, on , by section 15 of the Residential Tenancies Amendment Act 1992 (1992 No 79).