New Plymouth District Council (Perpetual Investment Fund) Bill

Local News Public Notice
PUBLISHED: 4 OCT 2022

This is notice of the intention of the New Plymouth District Council to promote a local Bill to achieve enactment of the above Bill.

The objects of the Bill are:

  • to ensure that the Perpetual Investment Fund is only used wholly or principally for the benefit of current and future communities of the New Plymouth District;
  • to provide principles for the sustainable management and application of the Perpetual Investment Fund; and
  • to ensure that Perpetual Investment Fund investment decisions are made on an independent and prudent commercial basis.


The postal address of the promoter is:

New Plymouth District Council
Private Bag 2025
NEW PLYMOUTH 4340
Attn: PIF Bill


The Bill may be inspected at:

  • the Council’s office at 84 Liardet Street, New Plymouth;
  • the Puke Ariki library at 1 Ariki Street, New Plymouth


A copy of the Bill is publicly available on the Council’s website npdc.govt.nz

The Bill is available for inspection from 5 October 2022 to 28 October 2022 (inclusive).

 

Miriam Taris
Chief Executive
New Plymouth District Council