19822 (2026). Scott Willis to the Minister of Finance

Written Question

Published date: 09 Jun 2026

Metadata

Document type:	Written Question
Parliament number:	54
Question number:	19822 (2026)
Question asked:	20 May 2026
Member asking:	Scott Willis
Portfolio:	Minister of Finance
Minister replying:	Hon Nicola Willis
Answer received:	03 Jun 2026
Status:	Question Answered
Reply type:	Reply
Document ID:	WQ_19822_2026
Document guid:	f7783565-e547-45d7-a462-24cbaa248622

19822 (2026). Scott Willis to the Minister of Finance: Has the Minister considered progressing any special resolutions under the Companies Act for State Owned Enterprises this term?

Hon Nicola Willis: Shareholding Ministers have passed resolutions under section 122(4) of the Companies Act 1993 in lieu of State-Owned Enterprises holding annual shareholders’ meetings. This is a routine matter that has been the practice for some time. The Crown is the only shareholder of State-Owned Enterprises, Ministers can meet with the companies at any time, and there are typically only administrative matters on the agenda for their annual shareholder meetings; therefore there is little value in holding them.