Cabinet paper

Cabinet Paper DEV-22-SUB-0146: Kiwi Group Holdings Limited (Kiwibank) - Update on Negotiations

Accessible version

Only the Purpose of this Cabinet paper is extracted below in HTML. If you require a full accessible version please contact [email protected] and cite DEV-22-SUB-0146 as a reference.

Cabinet Paper DEV-22-SUB-0146: Kiwi Group Holdings Limited (Kiwibank) - Update on Negotiations#

Purpose#

  1. This paper updates Cabinet on the Crown’s purchase of shares in Kiwi Group Holdings Limited (KGH) and seeks an appropriation to fund KGH share purchases. Approval is also sought for the establishment of a Public Finance Act 1989 (PFA) Schedule 4A company to hold the Crown’s KGH shares.