Source: New Zealand Treasury:
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Only the Proposal and Background sections of this Cabinet paper are extracted below in HTML. If you require a full HTML version please contact information@treasury.govt.nz and cite LEG-19-SUB-0212 as a reference.
Cabinet Paper LEG-19-SUB-0212: State Owned Enterprises Amendment Act 2012 (Solid Energy New Zealand Limited) Commencement Order 2019
Proposal
- This paper seeks authorisation for the submission to the Executive Council of the State-Owned Enterprises Amendment Act 2012 (Solid Energy New Zealand Limited) Commencement Order 2019.
Background
- Solid Energy New Zealand Limited (SENZ), a State Owned Enterprise (SOE) went into liquidation in June 2019 and was removed from the New Zealand Companies Register on 2 August 2019.
- The State-Owned Enterprises Amendment Act 2012 (No 44) (the Amendment Act) provides for the removal of SENZ from schedules 1 and 2 of the State Owned Enterprises Act 1986 (the SOE Act). The Amendment Act received royal assent on 29 June 2012.
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