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Accident Compensation Act 2001

Accident Compensation Corporation - Provisions relating to accountability of Corporation

277: Loans and grants to Corporation

You could also call this:

"The government can no longer give money to ACC"

The government used to be able to give loans and grants to the Accident Compensation Corporation. This part of the law has been removed. It no longer applies since 25 January 2005. The Crown Entities Act 2004 changed this rule.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM103191.

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276: Power to borrow, etc, or

"ACC can borrow money and make financial promises, but must follow rules"

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278: Annual financial statements, or

"ACC must create yearly money reports"

Part 7Accident Compensation Corporation
Provisions relating to accountability of Corporation

277Loans and grants to Corporation (Repealed)

    Notes
    • Section 277: repealed, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).