Notice Type
Departmental
Notice Title

Statement of Indemnities Given Under the Public Finance Act 1989—Contact Energy Limited

Pursuant to section 65ZD (3) of the Public Finance Act 1989, the Minister of Finance makes the following statement:
“On 8 November 2006 I, The Honourable Dr Michael John Cullen, Minister of Finance, on behalf of the Crown gave an indemnity to Contact Energy Limited
in relation to certain losses suffered or incurred by Contact Energy Limited as Lessee under the Wairakei Geothermal Special Purpose Lease, and caused by or resulting from negligence, fault or breach by the Crown as Lessor and/or persons under the control of the
Lessor and resulting from any breach of the Lessor’s obligations under the Lease; and
On 8 November 2006 I, The Honourable Dr Michael John Cullen, Minister of Finance, on behalf of the Crown gave an indemnity to Contact Energy Limited
in relation to certain losses suffered or incurred by Contact Energy Limited as Grantee of the Wairakei Geothermal and Electricity Easement, and caused by negligence or fault of the Crown as Grantor and/or persons under the control of the Grantor and resulting from any breach of the Grantor’s obligations in the Easement.”
Dated at Wellington this 8th day of November 2006.
MICHAEL CULLEN, Minister of Finance.