Asset sales Treaty clause – draft document

Article – The Scoop Team

On Thursday the NZ Herald noted that a draft consultation document on the partial privatisation of state assets had been briefly posted on the Treasury website. It suggests the Governments


Asset sales Treaty clause – draft document


On Thursday the NZ Herald noted that a draft consultation document on the partial privatisation of state assets had been briefly posted on the Treasury website.

The Government later released the final version of the document – a consultation paper on the law changes needed for the partial sale of four state-owned energy companies in preparation for consultation with iwi next week.
It sets out three options: using section 9 of the State-Owned Enterprises Act, which requires the Crown to act in accordance with the Treaty of Waitangi; use a more-specific clause; or have no clause at all.
But the draft that appeared on the Treasury’s website included a list of the changes made since Tuesday morning – the day after the Maori Party first questioned whether the Government intended to include a clause protecting Treaty rights.
It showed the Government’s original intention was not to include any Treaty clause at all in the new legislation covering the mixed-ownership model.

The document showing the changes is here: Exensions of the Mixed Ownership Model – Consultation with Maori [PDF, 9.63 MB]

********

Content Sourced from scoop.co.nz
Original url