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StatuteResource Management Act 1991

Section 359 — Resource Management Act 1991: Regional councils to pay rents, royalties, and other money received into Crown Bank Account

Text of the provision Official document

359 Regional councils to pay rents, royalties, and other money received into Crown Bank Account All rents, royalties, and other sums of money which the holders of resource consents are, by virtue of any authorisation granted under section 161 or any regulations made under section 360(1)(c) , required to pay, shall be the property of the Crown and every regional council shall— (a) Collect and receive from the holders of such resource consents in its region, all such rents, royalties, and other sums of money on behalf of the Crown; and (b) Pay that money into the Crown Bank Account in accordance with the Public Finance Act 1989 .

Official source: legislation.govt.nz

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