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Cabinet paper

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

Issue date: 
Wednesday, 21 December 2022
Status: 
Current
Version note: 

Some parts of this information release would not be appropriate to release and, if requested, would be withheld under the Official Information Act 1982 (the Act). Where information has been withheld, no public interest has been identified that would outweigh the reasons for withholding it.

View point: 
Government
Document Date: 
Wednesday, 1 Jun 2022
Publication category: 
Official information
Copyright: 
Creative Commons Attribution 4.0 International
Ministerial Portfolio: 
Finance

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.

Related content

Related information: 
Cabinet Minute DEV-22-MIN-0146: Kiwi Group Holdings Limited (Kiwibank): Update on Negotiations
Project Korimako - Release of advice
Last updated: 
Wednesday, 21 December 2022