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 division asset recovery asset transfer assets assets and liabilities debts infrastructure inventory instrument continuity inventory liabilities liabilities and obligations liability transfer local administration local government local government assets local government debt pending proceedings public assets public finance shares vested property

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 several terms used in the Order, including “assets and liabilities,” “Authorities,” and “Minister.” Assets, liabilities, and related rights from the Newala District Council vest in the Authorities under the schedule, and the Minister may prescribe how any unallocated items are assigned. Liabilities relating to the transferred assets move to the Authority from the effective date, and the Newala District Council is discharged from those obligations. Instruments tied to assets or liabilities transferred to Newala Town Council stay in force, and the related rights and liabilities of Newala District Council move to Newala Town Council.