2 Feb 2012

PM will raise matter of asset sales and Treaty at Waitangi

7:23 am on 2 February 2012

Prime Minister John Key says he will raise the issues around Treaty of Waitangi obligations and partial assets sales when he speaks at Waitangi this weekend.

The Maori Party fears Treaty obligations, currently in law, could be left out of new legislation underpinning the partial sale of four State owned energy companies.

The Government has released a consultation document containing three options, none of which require private shareholders to act in accordance with the Treaty.

The Maori Party has softened its tone from earlier in the week when it said the matter could be a deal-breaker.

It says the consultation document is a good start, and it urges the Government to keep an open mind.

Mr Key says many people at Waitangi will be confused about the issue, and he'll tell them that the Crown doesn't intend to walk away from its Treaty obligations.