About: Council-controlled organisation

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Council-controlled organisations (CCOs) and council-controlled trading organisations in New Zealand are what were formerly known as local-authority trading enterprises (LATEs). Introduced under Sections 6 and 7 of the Local Government Act 2002, they are essentially any company with a majority council shareholding, or a trust or similar organisation with a majority of council-controlled votes or council-appointed trustees, unless designated otherwise. More than one council may be represented in a council-controlled organisation.

Attributes	Values
rdf:type	yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:WikicatGovernment-ownedCompaniesOfNewZealand yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity yago:SocialGroup107950920
rdfs:label	Council-controlled organisation (en)
rdfs:comment	Council-controlled organisations (CCOs) and council-controlled trading organisations in New Zealand are what were formerly known as local-authority trading enterprises (LATEs). Introduced under Sections 6 and 7 of the Local Government Act 2002, they are essentially any company with a majority council shareholding, or a trust or similar organisation with a majority of council-controlled votes or council-appointed trustees, unless designated otherwise. More than one council may be represented in a council-controlled organisation. (en)
dcterms:subject	Local government in New Zealand
Wikipage page ID	338059 (xsd:integer)
Wikipage revision ID	1118764156 (xsd:integer)
Link from a Wikipage to another Wikipage	Privatization State-owned enterprises of New Zealand Capital of New Zealand Local-authority trading enterprise Administrative division Local government in New Zealand Territorial authorities of New Zealand Auckland Auckland Transport Christchurch City Holdings Local Government Act 2002 (New Zealand) Watercare Services Horowhenua dbr:Horowhenua_Library_Trust dbr:Infrastructure_Auckland dbr:New_Zealand_Local_Government_Association_Incorporated dbr:New_Zealand_Local_Government_Insurance_Corporation_Limited
Link from a Wikipage to an external page	http://www.legislation.govt.nz/act/public/2002/0084/latest/DLM170873.html
sameAs	Council-controlled organisation Council-controlled organisation Council-controlled organisation Council-controlled organisation
dbp:wikiPageUsesTemplate	dbt:Reflist dbt:Short_description
has abstract	Council-controlled organisations (CCOs) and council-controlled trading organisations in New Zealand are what were formerly known as local-authority trading enterprises (LATEs). Introduced under Sections 6 and 7 of the Local Government Act 2002, they are essentially any company with a majority council shareholding, or a trust or similar organisation with a majority of council-controlled votes or council-appointed trustees, unless designated otherwise. More than one council may be represented in a council-controlled organisation. They are used for widely varying purposes by councils. For example, the Wellington City Council uses trusts to hold museums and its zoo, while in 1996 the Horowhenua District Council transferred its library functions to the . In the past, the erstwhile for-profit LATEs were seen as the local government equivalent of state-owned enterprises (SOEs). Many of these, which included bus companies, diagnostic laboratories, public works divisions and property investment companies, were privatised. For-profit council organisations are now termed council-controlled trading organisations under the Act. Council-controlled organisations pay tax to central government, unlike the internal activities of councils which are tax-free. The Local Government Act exempts certain organisations from its legislative control and there is a mechanism under Section 7 to manually designate further exceptions. The automatic exceptions include: * electricity companies and electricity trusts * energy companies * port companies and their subsidiaries * and its subsidiaries * and its subsidiaries * * Watercare Services (Auckland) (en)
prov:wasDerivedFrom	wikipedia-en:Council-controlled_organisation?oldid=1118764156&ns=0
page length (characters) of wiki page	3207 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Council-controlled_organisation
is Link from a Wikipage to another Wikipage of	CCO List of public sector organisations in New Zealand Night service (public transport) Mike Lee (New Zealand politician) Steven Joyce Districts of New Zealand Local-authority trading enterprise Local Government Official Information and Meetings Act 1987 Local government in New Zealand Public transport in New Zealand 2022 Auckland mayoral election AT HOP card Dunedin Railways Eastern Busway, Auckland Flat Bush Auckland Live Auckland Regional Transport Authority Territorial authorities of New Zealand Auckland Council Auckland Harbour Bridge Auckland Transport Ports of Auckland Rail transport in New Zealand Christchurch City Holdings List of state-owned enterprises of New Zealand Tony Lanigan Watercare Services Council-controlled organisations Council controlled organisation
is Wikipage redirect of	Council-controlled organisations Council controlled organisation
is Wikipage disambiguates of	CCO
is type of	Auckland Transport Watercare Services
is type of	Auckland Transport Watercare Services
is foaf:primaryTopic of	wikipedia-en:Council-controlled_organisation

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