Pursuant to section 65ZD(3) of the Public Finance Act 1989, the Minister of Finance makes the following statement:
"On the 20th day of November 2011, I, The Honourable Simon William English, Minister of Finance, on behalf of the Crown, gave a tax indemnity to Ngati Whatua Orakei Trustee Limited as described under Part 3 of the General Matters Schedule of the Deed of Settlement for Ngati Whatua Orakei signed on 5 November 2011 and which is to apply from the date of such signing (namely 5 November 2011)."
Dated at Wellington this 20th day of November 2011.
HON SIMON WILLIAM ENGLISH, Minister of Finance.