Part 4Administration
Residential Tenancies Trust Account
131Corporation may borrow (Repealed)
Notes
- Section 131: repealed, on , by section 15 of the Residential Tenancies Amendment Act 1992 (1992 No 79).
Residential Tenancies Act 1986
Administration - Residential Tenancies Trust Account
131: Corporation may borrow
"The government's housing group used to be allowed to borrow money, but this rule was changed."
This section of the law, which was about the Corporation's ability to borrow money, no longer exists. It was removed from the Residential Tenancies Act 1986 on 18 August 1992. The government decided to take this part out of the law, so it doesn't apply anymore. 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=DLM95996.