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Central North Island Forest Partnership`
Central North Island Forest Partnership`
Auckland, 14 March 2003 – Fletcher Challenge Forests has received advice that the Receivers of the Central North Island Forest Partnership (CNIFP) are progressing the establishment of a new entity to manage the assets of the CNIFP, and that the Receiver is targeting mid 2003 for the implementation of the new arrangements.
As previously advised, there are a
number of legal and commercial issues to be resolved with
Fletcher Challenge Forests in relation to this proposal,
including the nature of the transition arrangements, before
implementation.
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