LineTrust South Canterbury has been formed upon the resettlement of the South Canterbury Power Trust.

Following a hearing in the High Court at Christchurch on 4 June 2002 , on 21 June 2002 the Court delivered a judgment declaring that the Trustees of the South Canterbury Power Trust are entitled to vary the Trust and to resettle the shares and assets of the Trust in a successor trust with a term of up to 71 years.   

Accordingly, on 24 June 2002 the South Canterbury Power Trust was resettled in a new trust on terms approved by the Court.  The new trust is called "LineTrust South Canterbury".

Apart from its term, the new trust is similar to the old trust. .  A review of the new trust is required every three years.   The next review will be held mid 2007.  The Trustees at present are Grant Eames (Chair), Janya Lobb, Ross Carrick, Charles Vincent and Murray Spence.
The five Trustees are elected, three by consumers in the Timaru District Council area, one from the Waimate District and one from the Mackenzie District. A trustee election will be held every three years.  The next election will be before 31 October 2009 .

The South Canterbury Power Trust was formed in 1992 as a consequence of the Energy Companies Act 1992 when the South Canterbury Electric Power Board and the Timaru Municipal Electricity merged and Alpine Energy Limited was created.  A consumer trust was formed to hold 40% of the shares in Alpine Energy Ltd.  Timaru District Council's holding company owns 47.5% of Alpine's shares, Waimate District Council 7.54% and the Mackenzie District Council 4.96%.

 The objective of this internet site is to make available to the consumer beneficiaries all relevant publications, reports and contact details of the Trust.  See our library for this information.

Consumer Communication

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consumer communication .

Trust Deed now has an 80 Year life.

On November 22nd, the Trustees resolved to change 3 clauses in the Trust Deed This will lengthen the life of the Trust from 15 years to 80 years.  This change is conditional upon both the approval of 75% of the consumers as well as successfully obtaining a declaratory order from the High Court

A consumer poll was conducted and almost 82% of those who voted, approved the Trustees resolution  See the results here

The High Court heard  the Trustees in Christchurch on Tuesday 4th June.  On June 21st, Judge Pankhurst granted the Trustees their declaration.
See the Judgement here

Click here for more details

See our new Deed of Trust here