Consultation with Maori over the Government's plans to sell shares in state assets has ended.
The Government held 10 hui around the country and received 200 submissions about its proposal to remove mixed-ownership companies from the State Owned Enterprises (SOE) Act.
The major issue of concern was section nine of the Act - a general clause requiring that the Crown does not act in a manner that is inconsistent with the principles of the Treaty of Waitangi.
Finance Minister Bill English and SOE Minister Tony Ryall said today that the consultation had been an "excellent process" for the different groups to exchange views.
"Cabinet is yet to decide the exact details of the new legislation, but in the interests of working towards a satisfactory solution we've indicated to the Waitangi Tribunal and the Iwi Leaders Group the direction of our thinking," the ministers said.
