Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Takeovers Panel Chair Appointment

Commerce Minister Paul Swain, today announced the re-appointment of John King as chairman of the Takeovers Panel.

John King has chaired the Takeovers Panel since it was created in 1994 and he was also chairman of the Takeovers Panel Advisory Committee which reported to the Government in 1993.

John King has been closely involved in the development of the Takeovers Code since 1991.

Mr King is the senior partner with law firm Russell McVeagh. His current directorships include Telecom Corporation of New Zealand Limited,
WestpacTrust Investments Limited, The New Zealand Guardian Trust Company
Limited and New Zealand Guardian Trust Funds Management Limited. He is also a member of the boards of the Employers and Manufacturers Association (Northern) Inc and the Spirit of Adventure Trust.

The Takeovers Panel administers the Takeovers Code which will come into
force on 1 July this year.

The new Code will lay out an orderly process for companies to follow when staging a takeover. The Takeovers Code and Panel will mean that all shareholders, big and small, are treated equally in a takeover situation.

John King's appointment is for two years.

For further information on the Takeovers Code and Panel:

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Supreme Court: Worksafe Decision On Whittall Pike River Prosecution Unlawful

The question in issue on the appeal was whether WorkSafe New Zealand acted to give effect to an unlawful agreement of this nature when it offered no evidence on charges against Peter William Whittall for breaches of the Health and Safety in Employment Act 1992...

The Supreme Court... has found that the decision to offer no evidence was made under an unlawful agreement to stifle prosecution. It has granted a declaration to that effect. More>>


Cullen To Chair: Tax Working Group Terms Of Reference Announced

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the Terms of Reference for the Tax Working Group and that the Group will be chaired by Sir Michael Cullen. More>>


Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>


Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>


Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>


Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>


Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>




Featured InfoPages

Opening the Election