Legal delay won't derail SOE floats - English

Last updated 09:57 15/02/2013

Relevant offers


What 'special bond' between Australia and New Zealand? Detention centres 'a sore that will fester' - Australian politician A good dairy deal under the TPPA is unlikely as talks begin to wrap up Maori Party co-leader Marama Fox and Tariana Turia disagree over Chris Brown Giant pandas have Brownlee smiling broadly TPPA NZ talks push back deal deadline NZ funds pet projects but not life-saving drug treatment Vietnam veterans fight against 'broken' Veterans Affairs system Navigating the United Nations Has the Education Minister gone a bit rogue?

A delay in the outcome of a legal challenge to the Government's plans to sell down its stake in a strong of state owned enterprises should not derail the programme, Finance Minister Bill English says.

The Supreme Court warned yesterday that it will not meet the Government's ''preferred timetable'' of delivering its decision on a challenge by the Maori Council by February 18.

Instead a decision is expected by the end of the month.

The Government has said the last possible date at which it could begin the process for floating Mighty River Power is March 22, and today a spokeswoman for Mr English said the latest delay would not spoil the plans.

"The delay is manageable."

The Maori Council launched a legal challenge to plans to sell up to 49 per cent of Mighty River and the other state owned power companies, saying any sales should be delayed until the Government addresses issues over water rights for Maori.

While the challenge was dismissed by the High Court, the Supreme Court agreed to hear the case on January 31 and February 1.

In a statement, Maori Council lawyer Donna Hall said she trusted ''that the Crown will not be moved to any precipitous action for the sake of another 10 days or so, and looks forward to the decision in due course''.

Ad Feedback

- Stuff


Special offers
Opinion poll

Should the speed limit be raised to 110kmh on some roads?



Vote Result

Related story: 110kmh limit moves closer

Featured Promotions

Sponsored Content