(1) In this section
—
dispose includes to sell, lease, or otherwise
dispose of, whether absolutely or not;
property includes the whole or any part of the
interest of a local government in property, but does not include money.
(2) Except as stated
in this section, a local government can only dispose of property to —
(a) the
highest bidder at public auction; or
(b) the
person who at public tender called by the local government makes what is, in
the opinion of the local government, the most acceptable tender, whether or
not it is the highest tender.
(3) A local government
can dispose of property other than under subsection (2) if, before agreeing to
dispose of the property —
(a) it
gives local public notice of the proposed disposition —
(i)
describing the property concerned; and
(ii)
giving details of the proposed disposition; and
(iii)
inviting submissions to be made to the local government
before a date to be specified in the notice, being a date not less than 2
weeks after the notice is first given;
and
(b) it
considers any submissions made to it before the date specified in the notice
and, if its decision is made by the council or a committee, the decision and
the reasons for it are recorded in the minutes of the meeting at which the
decision was made.
(4) The details of a
proposed disposition that are required by subsection (3)(a)(ii) include
—
(a) the
names of all other parties concerned; and
(b) the
consideration to be received by the local government for the disposition; and
(c) the
market value of the disposition —
(i)
as ascertained by a valuation carried out not more than 6
months before the proposed disposition; or
(ii)
as declared by a resolution of the local government on
the basis of a valuation carried out more than 6 months before the proposed
disposition that the local government believes to be a true indication of the
value at the time of the proposed disposition.
(5) This section does
not apply to —
(a) a
disposition of an interest in land under the Land Administration Act 1997
section 189 or 190; or
(b) a
disposition of property in the course of carrying on a trading undertaking as
defined in section 3.59; or
(c)
anything that the local government provides to a particular person, for a fee
or otherwise, in the performance of a function that it has under any written
law; or
(d) any
other disposition that is excluded by regulations from the application of this
section.
[Section 3.58 amended: No. 49 of 2004 s. 27; No.
17 of 2009 s. 10.]