Ref: 2324-0252

 

Kia ora Matthew Underwood,

On behalf of the Ministry of Business, Innovation and Employment I
acknowledge your email of 6 August 2023 requesting under the Official
Information Act 1982 (the Act), the following:

“While researching a company structure recently I noticed there were a
number of trusts listed as shareholders. The company was No 282201,
Archangel Properties Limited, which is associated with another company's
seeking funds from the public.

 

I understand the listing of Trusts as shareholders to be generally not
allowed unless those Trusts have specific legal standing such as being
registered under the 1957 Charitable Trusts Act. In fact the requirement
is that the Trustees of the Trust need to be listed as the shareholders,
and there is no absolute evidence that there is a Trust.

 

Please provide me with the number of Trusts registered as shareholders,
perhaps indicating those trusts that are registered under the 1957
Charitable Trusts Act.

Please also provide me with an excel spreadsheet listing the shareholding
Trusts and the company name and number of the company that they are a
shareholder of.”

Your request is being processed in accordance with the Act and a response
will be sent to you in due course. If you have any enquiries regarding
your request feel free to contact us via email [1][MBIE request email] or
using the contact details below.

 

Nâku noa, nâ

Ministerial Services

 

Corporate Services, Finance & Enablement

Ministry of Business, Innovation & Employment

15 Stout Street, Wellington 6011 |  PO Box 1473 Wellington 6140

 

 

 

References

Visible links
1. mailto:[MBIE request email]

Dear Matthew,

 

Please see attached letter and document in response to your request for
information.

 

Ngâ mihi nui,

 

Ministerial Services

 

Te Whakatairanga Service Delivery

Ministry of Business, Innovation and Employment

15 Stout Street, Wellington 6011 | PO Box 1473, Wellington 6140

[1]http://mbieintranet/assets/MBIE-visual-i...

 

 

 

From: Ministerial Services
Sent: Monday, 7 August 2023 2:36 pm
To: [FOI #23718 email]
Subject: Acknowledgement of your Official Information Act Request
2324-0252 [UNCLASSIFIED]

 

Ref: 2324-0252

Kia ora Matthew Underwood,

On behalf of the Ministry of Business, Innovation and Employment I
acknowledge your email of 6 August 2023 requesting under the Official
Information Act 1982 (the Act), the following:

“While researching a company structure recently I noticed there were a
number of trusts listed as shareholders. The company was No 282201,
Archangel Properties Limited, which is associated with another company's
seeking funds from the public.

I understand the listing of Trusts as shareholders to be generally not
allowed unless those Trusts have specific legal standing such as being
registered under the 1957 Charitable Trusts Act. In fact the requirement
is that the Trustees of the Trust need to be listed as the shareholders,
and there is no absolute evidence that there is a Trust.

Please provide me with the number of Trusts registered as shareholders,
perhaps indicating those trusts that are registered under the 1957
Charitable Trusts Act.

Please also provide me with an excel spreadsheet listing the shareholding
Trusts and the company name and number of the company that they are a
shareholder of.”

Your request is being processed in accordance with the Act and a response
will be sent to you in due course. If you have any enquiries regarding
your request feel free to contact us via email [2][MBIE request email] or
using the contact details below.

Nâku noa, nâ

Ministerial Services

Corporate Services, Finance & Enablement

Ministry of Business, Innovation & Employment

15 Stout Street, Wellington 6011 | PO Box 1473 Wellington 6140

References

Visible links
2. mailto:[MBIE request email]