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Current Consultation

CCO amalgamation

The Westland District Council asked the community for feedback on its proposal to restructure the ownership of three council-controlled organisations (CCO): Westland Holdings Limited, Destination Westland Limited and Westroads Limited.

Three submissions were received and Council resolved on 18 April 2024 to amalgamate Westland Holdings Ltd into Destination Westland.

Read more

  • Consultation on the Proposal to Amalgamate Westland Holdings Ltd (WHL) and Destination Westland Ltd (DWL) Consultation Document

The personal information collected from you in your submission is held securely by Westland District Council.

We use this information to develop and advise on the proposed restructuring of Council CCOs (including compiling statistical information) and to contact you about the outcome of the process.

What is being proposed?

Council currently owns WHL. WHL currently owns DWL and WRL. Under Council’s proposal: 

  • WHL will distribute the shares that it holds in WRL to Council (this will mean that Council will directly hold 100 per cent of the shares in WRL); and
  • WHL and DWL will merge and continue as DWL (this will mean that Council will directly hold 100 per cent of the shares in DWL).

Read more in the consultation document.

The Council has received advice on the proposed amalgamation to simplify the ownership structure of the CCOs it owns, which will reduce compliance and costs for Council and save money for ratepayers. Council will retain (and now hold directly) 100% ownership of shares in both DWL and WRL.

The structure proposed by Council’s advisors means that Council does not have to allocate funding to day-to-day running costs of WHL, such as Board member fees and administration expenses.

Read more in the consultation document.

Submissions open: 4pm, Thursday 28 March 2024

Submissions close: 4pm, Thursday 11 April 2024

No late submissions will be accepted.

Council decision: Thursday 18 April 2024 at the Ordinary Council meeting.

 

Please note: submissions will be publicly available on the council’s website, through inclusion in council agendas, and/or retrievable by request under the Local Government Official Information and Meetings Act 1987. Contact details will redacted under the Privacy Act 2020.