When a water organisation gets a development contribution or financial contribution under section 129(2) or (3)(b), you need to know it can only use the money for the reason it was collected. This means the water organisation cannot use the contribution for anything else. You can think of it like saving money for a specific purpose, and then only using it for that purpose.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1446568.
129: Transfer to new water organisation, or
"When a council moves its water services job to a new organisation, it must hand over unused money and information."
131: Right to reconsideration of requirement for development contribution, or
"Asking a water organisation to rethink a development contribution if you think they got it wrong"
A water organisation that receives a development contribution or financial contribution under section 129(2) or (3)(b) must use the contribution only for the purpose for which it was collected.
