important-dates - Marlborough Electric Power Trust

 

Notice of Election
 

Under the Marlborough Electric Power Trust Deed of Trust notice is given that on Monday 25th March 2024, an election will be held for three (3) trustees of the Marlborough Electric Power Trust under the First Past the Post electoral system by postal and online voting.

The Marlborough Electric Power Trust was established by Deed of Trust dated 28 April 1993. The Trustees hold the share capital of Marlborough Lines Limited in trust for the company’s electricity consumers.

The Trust Deed provides for three of the six Trustees to retire on the 1st of April each second year.

Voting is now closed

Voting papers were either emailed or posted to all eligible consumers named on the consumer roll and identified as connected to Marlborough Lines Ltd network as at 5.00pm on the 22nd January 2024.

A total of 8 people put their name forward as a candidate and stood for the three positions on the Trust.
To be counted all completed voting papers were required to be in the hands of the returning officer by 12 noon, Monday 25th March 2024.

The final results are now posted under our NEWS section – Trustee Elections 2024.


Brenda Munro
Returning Officer

 
 
Annual Reporting Meeting

(Pursuant to sections 100-102 of the Electricity Industry Act 2010)

The Trustees of the Marlborough Electric Power Trust advise they held the Trust’s Annual Reporting Meeting for beneficiaries on Tuesday 19th December 2023 at 7.00 pm.

The meeting was to:

  • Report on the operation of the Trust and Marlborough Lines Limited (the Company) during the preceding financial year and on the financial statements of the Trust and the Company for the financial year ended 30 June 2023.
  • Confirm appointment of auditor and set their remuneration.
  • Enable general discussion and information to beneficiaries of the Trust.

Copies of the Trust’s Annual Report and Financial Statements for the year ending 30 June 2023 are available on our website www.mept.co.nz “Financial/Minutes”.


Brenda Munro
Trust Secretary