LGANT in formation of local government subsidiary
347 LGANT in formation of local government subsidiary
Subsection (2) applies if LGANT participated with a council or 2 or more councils in the formation of a local government subsidiary under repealed section 27(3) before the commencement.
LGANT continues to participate with the council or councils to form the local government subsidiary after the commencement, and a reference in the new Act to a council or constituent council extends to LGANT.
The prescribed corporation is to participate with the council or councils to form the local government subsidiary after the expiry of the period referred to in section 346(1) of the new Act, and a reference in the new Act to a council or constituent council extends to the prescribed corporation.
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