Network Tasman Trustees withdraw Trust Deed proposal
Network Tasman Trust has recently been canvassing consumers on the matter of changing its Trust Deed to exempt it from Commerce Commission Regulation. Currently 12 line companies which are wholly owned by its consumers, as is Network Tasman Ltd, are exempt these regulations. Network Tasman is not included in this group by virtue of its having one of its Trustees appointed by the three largest consumers. At a recent meeting of the Network Tasman Trust, Trustees resolved to withdraw the proposal on this subject of exempt status put...