β¨ Irrigation Schemes Sale Report
NEW ZEALAND GAZETTE
No. 94
Sale of Crown-funded Irrigation Schemes
Report to Parliament
Report No 3
Introduction
The sale of the community irrigation schemes previously funded and owed by the Crown is proceeding under the provisions of the Irrigation Schemes Act 1990. The Act is administered by the Minister of Agriculture.
The Act authorises the Ministers of Agriculture and Finance, acting jointly on behalf of the Crown, to sell or otherwise dispose of any irrigation scheme owned by the Crown. The Act sets out procedures for the transfer of assets and disposal of the schemes.
Requirements of the Act
Section 3(2) requires the Minister of Agriculture, as soon as practicable after a sale has been agreed, to publish in the Gazette and lay before the House of Representatives a statement containing such details relating to the agreement as the Minister considers appropriate.
This statement covers the sale of 12 irrigation schemes to 9 Irrigation Companies and 1 scheme sold to a landowner. It is the third of several statements that will report the sale of the irrigation assets. The last report will summarise the costs of the sales to the Crown and the revenue received.
Source of Financial Information
The source of financial information is given on page 2881. This information must be read with the statement on each scheme.
John Falloon
Minister of Agriculture
Dated: 31 May 1994
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NZ Gazette 1994, No 94
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NZ Gazette 1994, No 94
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Sale of Crown-Funded Irrigation Schemes
(continued from previous page)
πΎ Primary Industries & Resources31 May 1994
Irrigation, Crown funding, Sale, Report to Parliament
- John Falloon, Minister of Agriculture