Consultation on TECT Proposal closes today

Today is the final day to submit feedback on TECT’s proposed changes to the structure of the Trust.

The consultation period has run from the 18 February and will close at 4pm today (22 March).

TECT Chair Bill Holland says around 700 written submissions have been received to date, and the feedback is encouraging.

“We’ve been very pleased with the engagement of our beneficiaries throughout this process. We had a great turnout at all three of our information sessions, and have had high numbers of submissions both written and online.

“Feedback has been positive overall and we thank each and every person who took the time to read the proposal, and provide their views.

“The next step is the hearing of oral submissions that will take place this Thursday, where we will hear from submitters who have requested to speak to their submission.

“Following the hearing, Trustees will meet for deliberations, and will then make a decision on the final proposal over the next few weeks. Following this decision, we will then make an application to the High Court to independently review the proposal and process.”

“We will continue to keep beneficiaries informed when a decision is made, and provide updates on next steps,” says Mr Holland.

Details of Hearing of Oral Submissions

Submitters who have requested an opportunity to speak to their submissions have been invited to speak at a hearing of oral submissions that will be held:

Please note that all TECT beneficiaries are invited to attend the hearing, but you will only have speaking rights if you have requested to do so as part of your submission.

All submissions are available for review on the TECT website or at the TECT Office prior to the hearing date. You can contact TECT on 07 578 5094, or via info@tect.org.nz

For more information on the TECT proposal please visit www.tect.org.nz   


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