Statement of Intent WRC HOLDINGS For the year ending 30 June 2023

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Statement of Intent WRC HOLDINGS For the year ending 30 June 2023 preview
  • Published Date Thu 21 Jul 2022
  • Tags WRC Holdings Ltd
  • Regions All regions
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WRC Holdings (Holdings) is a Council-Controlled Trading Organisation owned by Greater Wellington Regional Council (Council). It was established to manage Council’s commercial investments.

This Statement of Intent (SOI) is prepared in accordance with Section 64 and Schedule 8 of the Local Government Act 2002.

The SOI sets out the performance measures, targets, objectives, and activities of Holdings and forms a major part of the companies’ accountability relationship with its shareholder, Wellington Regional Council.

Council issued a Statement of Expectations to Holdings in December 2021 as prescribed in section 64b of the Local Government Act 2002. This statement has been considered when completing the SOI.

The group SOI includes information for Greater Wellington Rail Limited (GWRL).

Updated July 21, 2022 at 3:59 PM