Section 59 (1) of the Public Finance Act 1989
Pursuant to section 59 (2) of the Public Finance Act 1989, the Minister of Finance hereby gives notice that:
On 8 January 2003, I, The Honourable Dr Michael John Cullen, Minister of Finance, on behalf of the Crown, gave a guarantee to Tainui Corporation Limited in relation to obligations arising from the lease of Tainui land at Huntly Power Station, Meremere, and related land in order to facilitate their transfer from ECNZ to Genesis Power.
Dated at Wellington this 11th day of March 2003.
DR MICHAEL CULLEN, Minister of Finance.