Trust Deed Review
We are consulting with beneficiaries on changes to our Trust Deed and want to hear from you.
We began the review last year and have been working with lawyers to ensure that the Deed best serves their beneficiaries and reflects changing technology.
Our lawyers have prepared a summary of these changes. We are very happy with the result and now wish to consult with our beneficiaries to ensure that they are happy with the proposed changes.
It’s important that everyone has a chance to look at and consider what is proposed as needing to change, be able to ask questions, and most importantly – have their say knowing that the Trust must and will take all of that into consideration before making any final decisions.
A beneficiary is anyone in the Turangi, Taumarunui and Ohakune area whose homes are connected to the Lines Company’s lines network.
The Trust will hear any final oral submissions at their meeting which is to be held via Zoom link on Friday, 25th March 2022 at 10.00am and will then use this feedback to form their final decision at their Trust meeting the same day. Please access the Zoom link on our website.
Meeting ID: 857 4066 9652
Proposed changes to Deed:
Please refer to the attached summary from Simpson Grierson.
Please submit your feedback via this form – Trustees will review all feedback and share the outcome of their decision based on the feedback they receive.