A draft copy of the Government's consultation document on partial asset sales shows several changes were made after the Maori Party raised concerns about Treaty of Waitangi obligations.
The document is for Maori and iwi to consider during a week-long series of hui starting in Rotorua on Wednesday.
The Maori Party has threatened to pull its support for the Government over the transfer of existing Treaty obligations to legislation covering the four energy companies tagged for partial sale.
A draft obtained by The New Zealand Herald states the Government's preference is to have no Treaty clause at all in the legislation.
The final document contains three options, but no preference is expressed.
Prime Minister John Key says he does not believe the Treaty clause as it stands now can be carried over completely into new legislation, but there is now a consultation process going on.
The draft also shows the statement saying the Government is committed to fulfilling its Treaty obligations was added at later date.
Mr Key says he intends to raise this issue directly when he visits Waitangi this weekend.
Changes reveal Govt's real intent, says Labour
The Labour Party leader says the Government's draft paper sales show it wants to sell shares offshore.
Leader, David Shearer, says getting rid of the Treaty clause is geared to attracting foreign buyers, as New Zealanders would not be concerned about the clause.