The Local Government Authorities (Division of Assets and Liabilities) Order, 2020 | The Local Government Authorities (Division of Assets and Liabilities) Order, 2020 — Tanzania law | Esheria

The Local Government Authorities (Division of Assets and Liabilities) Order, 2020

This Order may be cited as the Local (Division of Assets and Government Authorities Liabilities) Order, 2020.

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Jurisdiction
Tanzania
Instrument
Order
Citation
The Local Government Authorities (Division of Assets and Liabilities) Order, 2020
Version
Undated source snapshot
Language
en
Official source
View official record ↗
asset allocation asset registers assets debt allocation government asset transfer government property investments liabilities litigation continuity public assets vehicles

Statute overview

About this statute

This Order may be cited as the Local (Division of Assets and Government Authorities Liabilities) Order, 2020. This section defines key terms used in the Order, including “assets and liabilities,” “Authorities,” and “Minister.” Assets, rights, debts, expenses, liabilities, and related contract interests listed in the schedules vest in the Authorities from the effective date; the Minister may prescribe how any unallocated items are to be allocated and vested. Liabilities tied to the transferred assets move to the Authority from the effective date. Relevant instruments stay in force, and the Kondoa District Council’s rights and liabilities under them move to Kondoa Town Council.