This bill protects Auckland’s local authority assets by requiring a referendum under the Local Electoral Act 2001 before sale or privatisation.
Clause 1 is the Title provision.
Clause 2 provides for the bill to come into force on the day after the date on which it receives the Royal assent.
Clause 3 sets out the purpose of the bill.
Clause 4 defines the Principal Act as the Local Government Act 2002.
Clause 5 inserts new section 63A, preventing the sale, disposal, or surrender of control of assets or organisation listed in new Schedule 21.
Clause 6 adds new Schedule 21, listing protected Auckland assets.