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Annual report 2013-2014

other relevant regulations. The control of DWI activities through the resource consenting process and subsequent compliance monitoring is an appropriate regulatory regime. In the Taranaki region, the discharge of contaminants by DWI requires resource consent from the Council. The activity falls under Rule 51 of the Regional Freshwater Plan for Taranaki and is classified as a discretionary activity. The application may be non- notified if no parties are deemed to be adversely affected by the

Annual report 2013-2014

may not take place unless expressly allowed by a rule in a regional plan, resource consent or other relevant regulations. The control of DWI activities through the resource consenting process and subsequent compliance monitoring is an appropriate regulatory regime. In the Taranaki region, the discharge of contaminants by DWI requires resource consent from the Council. The activity falls under Rule 51 of the Regional Freshwater Plan for Taranaki and is classified as a discretionary activity.

Appendices 3, 4 and 5: Local Government Act and Local Government Official Information and Meetings Act charging policies and funding and financial policies.

stock and treasury bills Unlimited Unlimited Registered banks and local authority and corporation stocks $6 million 40% If any of these organisation’s credit rating falls below an “BBB+” rating as defined by Standard and Poors, then all practical steps will be taken to eliminate the Council’s exposure to that registered bank as soon as possible. A “BBB+” rating is defined as a “strong capacity to pay”. PROPERTY INVESTMENTS The Council owns