(1)  A council may sell, lease, donate, exchange or otherwise dispose of land owned by it, other than public land, in accordance with this section.

(2)  Before a council sells, leases, donates, exchanges or otherwise disposes of any land, it is to obtain a valuation of the land from the Valuer-General or a person who is qualified to practise as a land valuer under section 4 of the Land Valuers Act 2001 .

(3)  A council may sell –

(a) any land by auction or tender; or

(b) any specific land by any other method it approves.

(4)  A council may exchange land for other land –

(a) if the valuations of each land are comparable in value; or

(b) in any other case, as it considers appropriate.

(5)  A contract pursuant to this section for the sale, lease, donation, exchange or other disposal of land which is public land is of no effect.

(6)  A decision by a council under this section must be made by absolute majority.