Notice Type
Departmental
Notice Title

Notice of Guarantee Given Pursuant to Section 59 (1) of the Public Finance Act 1989-

Transpower New Zealand Limited
Pursuant to section 59 (2) of the Public Finance Act 1989, the Minister of Finance hereby gives notice that:
"On 23 December 2003, I, The Honourable Dr Michael John Cullen, Minister of Finance, on behalf of the Crown, gave a guarantee to Transpower New Zealand Limited in relation to certain tortious liabilities that could arise from being System Operator under the Electricity Governance Regulations 2003."
Dated at Wellington this 5th day of March 2004.
DR MICHAEL CULLEN, Minister of Finance.