New Zealand Local Government Funding Agency Limited and TEL Security Trustee (LGFA) Limited
Ryan made this Official Information request to Simeon Brown
This request has an unknown status. We're waiting for Ryan to read a recent response and update the status.
From: Ryan
Simeon BROWN,
The New Zealand Government holds an 11.1% shareholding of the New Zealand Local Government Funding Agency Limited which was legislated under the Local Government Borrowing Act to borrow to and from councils around the country.
1. Please provide information showing how much revenue has been received to the New Zealand Government as shareholder through the LGFA, as a total for each and every year since 2011 through to the most recent financial year returned.
2. Please provide the most recent New Zealand Government financial reporting and accounts for the most recent 10 year plan available showing LGFA revenue forecast as revenue to the government across the next decade.
3. The NZ Local Government Funding Agency Limited has entered into a Trust Security Deed with 'TEL Security Trustee (LGFA) Limited' which has shareholder entity 'Trustees Executors Limited' with shareholder 'Trustees Executors Holdings Limited' held in shares by 'Sterling Grace (NZ) Limited' with the shareholder T E A Nominees Limited which is owned by previous shareholders 'Trustees Executors Holdings Limited' so please provide full details and information as to the beneficial owners of this entity acting as security trustee for council loans.
I look forward to a comprehensive response in full.
Ryan
From: Simeon Brown (MIN)
Simeon Brown
Thank you for contacting Hon Simeon Brown MP, Minister of Transport,
Minister of Local Government, Minister for Energy and Minister for
Auckland.
Hon Simeon Brown considers all correspondence important and appreciates
you taking the time to write. As the Minister receives a large amount of
correspondence, it is not always possible to personally reply to all
emails.
* If your correspondence is related to a constituent matter, please get in
touch with the Minister’s electorate team by email:
[email address] or by calling one of his team on 09
572-0000
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accordingly and we will be back in contact with you
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due course
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correspondence will be transferred to the appropriate Minister
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managed in accordance with the provisions of the Official Information Act
1982, which may include transfer to a more relevant Minister or Agency
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* Latest information from the Beehive can be found here:
https://www.beehive.govt.nz/
Thank you for the taking the time to write.
Kind regards,
[cid:image001.jpg@01DA43A9.6D8F41D0]
Office of Hon Simeon Brown MP
Minister of Transport, Minister of Local Government, Minister for Energy,
Minister for Auckland
Email: [Simeon Brown request email]
Website: www.Beehive.govt.nz
Private Bag 18041, Parliament Buildings, Wellington 6160, New Zealand
Authorised by Hon Simeon Brown MP, Parliament Buildings, Wellington
Disclaimer: The information in this email (including attachments) is
confidential and may be legally privileged. If an addressing or
transmission error has misdirected this email, please notify the author by
replying to this email and destroy the message. If you are not the
intended recipient, any use, disclosure, copying or distribution is
prohibited and may be unlawful.
Please note information about meetings related to the Ministers’
portfolios will be proactively released (this does not include personal or
constituency matters). For each meeting in scope, the summary would list:
date, time (start and finish), brief description, location, who the
meeting was with, and the portfolio. If you attend a meeting with the
Minister on behalf of an organisation, the name of the organisation will
be released. If you are a senior staff member at an organisation, or meet
with the Minister in your personal capacity, your name may also be
released. The location of the meeting will be released, unless it is a
private residence. The proactive release will be consistent with the
provisions in the Official Information Act, including privacy
considerations. Under the Privacy Act 1993 you have the right to ask for a
copy of any personal information we hold about you, and to ask for it to
be corrected if you think it is wrong. If you’d like to ask for a copy of
your information, or to have it corrected, or are concerned about the
release of your information in the meeting disclosure, please contact the
sender. You can read more about the proactive release policy at
https://www.dia.govt.nz/Proactive-Releas...
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From: Simeon Brown (MIN)
Simeon Brown
Dear Ryan
Thank you for your Official Information Act 1982 (the Act) request, received on 07/05/2024, in which you requested the following information:
1. Please provide information showing how much revenue has been received to the New Zealand Government as shareholder through the LGFA, as a total for each and every year since 2011 through to the most recent financial year returned.
2. Please provide the most recent New Zealand Government financial reporting and accounts for the most recent 10 year plan available showing LGFA revenue forecast as revenue to the government across the next decade.
3. The NZ Local Government Funding Agency Limited has entered into a Trust Security Deed with 'TEL Security Trustee (LGFA) Limited' which has shareholder entity 'Trustees Executors Limited' with shareholder 'Trustees Executors Holdings Limited' held in shares by 'Sterling Grace (NZ) Limited' with the shareholder T E A Nominees Limited which is owned by previous shareholders 'Trustees Executors Holdings Limited' so please provide full details and information as to the beneficial owners of this entity acting as security trustee for council loans.
Your request will be answered within the provisions of the Official Information Act.
Kind regards,
Office of Hon Simeon Brown
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From: Simeon Brown (MIN)
Simeon Brown
Dear Ryan,
Apologies for the delay in response.
This is an email to advise that your below request has since been transferred to the Department of Internal Affairs pursuant to section section 14(b)(i) of the OIA, as the information you have requested is believe to be held by the Department as they are the primary monitering agency for LGFA
You can expect a response from them in due course.
Kind regards
Eve
Eve Lucinsky
Private Secretary | Office of Hon Simeon Brown
Minister for Energy, Minister of Local Government, Minister of Transport, Minister for Auckland, Member of Parliament for Pakuranga
Website: www.Beehive,govt.nz
Private Bag 18041, Parliament Buildings, Wellington 6160, New Zealand
Authorised by Hon Simeon Brown, Parliament Buildings, Wellington
Disclaimer: The information in this email (including attachments) is confidential and may be legally privileged. If an addressing or transmission error has misdirected this email, please notify the author by replying to this email and destroy the message. If you are not the intended recipient, any use, disclosure, copying or distribution is prohibited and may be unlawful.
Please note information about meetings related to the Ministers' portfolios will be proactively released (this does not include personal or constituency matters). For each meeting in scope, the summary would list: date, time (start and finish), brief description, location, who the meeting was with, and the portfolio. If you attend a meeting with the Minister on behalf of an organisation, the name of the organisation will be released. If you are a senior staff member at an organisation, or meet with the Minister in your personal capacity, your name may also be released. The location of the meeting will be released, unless it is a private residence. The proactive release will be consistent with the provisions in the Official Information Act, including privacy considerations. Under the Privacy Act 1993 you have the right to ask for a copy of any personal information we hold about you, and to ask for it to be corrected if you think it is wrong. If you'd like to ask for a copy of your information, or to have it corrected, or are concerned about the release of your information in the meeting disclosure, please contact the sender. You can read more about the proactive release policy at https://www.dia.govt.nz/Proactive-Releas...
show quoted sections
From: Ryan
Eve, on behalf of Simeon Brown (MIN),
Under Section 14 b of the Official Information Act:
the department or venture or Minister of the Crown or organisation to which the request is made shall promptly, and in any case not later than 10 working days after the day on which the request is received, transfer the request, or relevant part of the request, to the other department or interdepartmental venture or Minister of the Crown or organisation, or to that local authority, and inform the person making the request accordingly.
This request is already overdue without extension and past the timeframe provided to transfer the request stipulated within the Act - so please attend to the request in full and as a matter of priority.
Ryan
Ryan left an annotation ()
Please provide response to the request today or submit an extension and provide timeframe.
From: Jessica Caldwell
Tçnâ koe Ryan,
Thank you for your OIA request to the Department of Internal Affairs. As
you are aware, your request was transferred back to the Department from
Treasury. My apologies for the late acknowledgement of yourrequest.
The Department will provide its response to your request as soon as
practicable and within twenty working days. The 20th working day is 8
July 2024.
Please note that in cases where the Department’s response provides
information that is identified to be of general public interest, the
response may also be published on the Department of Internal Affairs
website. If the Department publishes its response to your OIA request,
all personal information, including your name and contact details, will be
removed.
Nâku, nâ
Jess
show quoted sections
From: Ryan
Jess,
I was not aware my request had been transferred back by treasury only that it was being transferred to Department of Internal Affairs and is now overdue.
Please clarify your title, which department you are representing and which department will be responding.
Ryan
From: Jessica Caldwell
Hi Ryan,
My sincere apologies for not being clearer in my original email.
I am a Senior Advisor in the Ministerial and Official Correspondence team
at the Department of Internal Affairs (the Department). It looks like my
signature was not in the below email, apologies for that.
I confirm that the Department is now managing your request. Because your
request was transferred to the Department on 7 June 2024, the due date for
a response changed to 8 July 2024.
Under the Act, when a request is transferred to another agency, the clock
is re-set in terms of the timeframe for the request to be responded to.
For reference, below is your original request.
“1. Please provide information showing how much revenue has been received
to the New Zealand Government as shareholder through the LGFA, as a total
for each and every year since 2011 through to the most recent financial
year returned.
2. Please provide the most recent New Zealand Government financial
reporting and accounts for the most recent 10 year plan available showing
LGFA revenue forecast as revenue to the government across the next decade.
3. The NZ Local Government Funding Agency Limited has entered into a
Trust Security Deed with 'TEL Security Trustee (LGFA) Limited' which has
shareholder entity 'Trustees Executors Limited' with shareholder 'Trustees
Executors Holdings Limited' held in shares by 'Sterling Grace (NZ)
Limited' with the shareholder T E A Nominees Limited which is owned by
previous shareholders 'Trustees Executors Holdings Limited' so please
provide full details and information as to the beneficial owners of this
entity acting as security trustee for council loans.”
In light of your query below, we thought it best to explain the process in
which your request came to the Department for response.
Upon receiving your original request, the office of the Minister of Local
Government, Hon Simeon Brown, determined the Treasury was best placed to
provide you the information you requested. The Treasury undertook a search
for information, and following this advised the Minister’s office that it
did not hold any information within scope, and that the Department was
best placed to respond. The Treasury transferred the request back to the
Minister’s office, and it was ultimately transferred to the Department.
The Department is currently working on a response to your request. You
will receive the Department’s response by 8 July 2024.
I hope this clarifies things for you. If you have any further questions,
please get in touch.
Ngā mihi,
Jess
Jessica Caldwell (she / her)|Senior Advisor Ministerial and Official
Correspondence
Toi Hiranga | Regulation & Policy
Department of Internal Affairs | Te Tari Taiwhenua
45 Pipitea Street | PO Box 6011, Wellington 6140 | [1]www.dia.govt.nz
[2]Logo-test
show quoted sections
From: Jessica Caldwell
Kia ora Ryan,
Your Official Information Act 1982 request reference OIA 2324-1067
Please find attached the Department of Internal Affairs’ response to your
request under the OIA, which is noted below:
The New Zealand Government holds an 11.1% shareholding of the New Zealand
Local Government Funding Agency Limited which was legislated under the
Local Government Borrowing Act to borrow to and from councils around the
country.
1. Please provide information showing how much revenue has been received
to the New Zealand Government as shareholder through the LGFA, as a total
for each and every year since 2011 through to the most recent financial
year returned.
2. Please provide the most recent New Zealand Government financial
reporting and accounts for the most recent 10 year plan available showing
LGFA revenue forecast as revenue to the government across the next decade.
3. The NZ Local Government Funding Agency Limited has entered into a
Trust Security Deed with 'TEL Security Trustee (LGFA) Limited' which has
shareholder entity 'Trustees Executors Limited' with shareholder 'Trustees
Executors Holdings Limited' held in shares by 'Sterling Grace (NZ)
Limited' with the shareholder T E A Nominees Limited which is owned by
previous shareholders 'Trustees Executors Holdings Limited' so please
provide full details and information as to the beneficial owners of this
entity acting as security trustee for council loans.
I look forward to a comprehensive response in full.
Ngā mihi,
Jess
Jessica Caldwell (she / her)|Senior Advisor Ministerial and Official
Correspondence
Toi Hiranga | Regulation & Policy
Department of Internal Affairs | Te Tari Taiwhenua
45 Pipitea Street | PO Box 6011, Wellington 6140 | [1]www.dia.govt.nz
[2]Logo-test
From: Jessica Caldwell <[email address]>
Sent: Friday, June 21, 2024 2:36 PM
To: Ryan <[FOI #26656 email]>
Subject: RE: INCOMING OIA2324-1067 RYAN - Local Government Funding Agency
Hi Ryan,
My sincere apologies for not being clearer in my original email.
I am a Senior Advisor in the Ministerial and Official Correspondence team
at the Department of Internal Affairs (the Department). It looks like my
signature was not in the below email, apologies for that.
I confirm that the Department is now managing your request. Because your
request was transferred to the Department on 7 June 2024, the due date for
a response changed to 8 July 2024.
Under the Act, when a request is transferred to another agency, the clock
is re-set in terms of the timeframe for the request to be responded to.
For reference, below is your original request.
“1. Please provide information showing how much revenue has been received
to the New Zealand Government as shareholder through the LGFA, as a total
for each and every year since 2011 through to the most recent financial
year returned.
2. Please provide the most recent New Zealand Government financial
reporting and accounts for the most recent 10 year plan available showing
LGFA revenue forecast as revenue to the government across the next decade.
3. The NZ Local Government Funding Agency Limited has entered into a
Trust Security Deed with 'TEL Security Trustee (LGFA) Limited' which has
shareholder entity 'Trustees Executors Limited' with shareholder 'Trustees
Executors Holdings Limited' held in shares by 'Sterling Grace (NZ)
Limited' with the shareholder T E A Nominees Limited which is owned by
previous shareholders 'Trustees Executors Holdings Limited' so please
provide full details and information as to the beneficial owners of this
entity acting as security trustee for council loans.”
In light of your query below, we thought it best to explain the process in
which your request came to the Department for response.
Upon receiving your original request, the office of the Minister of Local
Government, Hon Simeon Brown, determined the Treasury was best placed to
provide you the information you requested. The Treasury undertook a search
for information, and following this advised the Minister’s office that it
did not hold any information within scope, and that the Department was
best placed to respond. The Treasury transferred the request back to the
Minister’s office, and it was ultimately transferred to the Department.
The Department is currently working on a response to your request. You
will receive the Department’s response by 8 July 2024.
I hope this clarifies things for you. If you have any further questions,
please get in touch.
Ngā mihi,
Jess
Jessica Caldwell (she / her)|Senior Advisor Ministerial and Official
Correspondence
Toi Hiranga | Regulation & Policy
Department of Internal Affairs | Te Tari Taiwhenua
45 Pipitea Street | PO Box 6011, Wellington 6140 | [3]www.dia.govt.nz
[4]Logo-test
show quoted sections
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Ryan left an annotation ()
This request is overdue and no extension of time has been requested or granted - please supply the information in full today.
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