Celebrating 25 Years of Scoop
Special: Up To 25% Off Scoop Pro Learn More
Parliament

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

 

New Law Modernises Public Trust

11 December 2001

A new Public Trust Bill passed tonight will modernise Public Trust, Minister in charge of the Public Trust Jim Anderton said.

He said the new legislation gives Public Trust new governance arrangements and much improved flexibility.

“The new governance arrangements are necessary because the last Government hampered Public Trust with a range of outdated rules.

“Public Trust’s financial results declined because of the inaction.

"I believe Public Trust is a fundamentally sound business that has been paying the price for operating too long with its hands tied behind its back.

"This government has given Public Trust the means to be a successful public enterprise,” Jim Anderton said.

Ends

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.