Line Trust South Canterbury

Trustees

Five persons elected from the community operate the Trust. Elections are held every three years. The last election was held during September, 2000. They retire by rotation once every three years. Every LineTrust SC beneficiary can vote or run for election themself.

The Trustees Role 

The Trustees, acting on behalf of the beneficiaries, and in accordance with the Trust Deed, are responsible for ensuring that the Trust operates according to its key roles and all its regulatory and legal requirements. In practice, the Trustees:

• Set and distribute the dividend to the Trust’s beneficiaries
• Propose and with other shareholders, appoint Alpine Energy's board of directors. There are currently seven members on the board, with an option to increase that number to nine
• Approve all major transactions undertaken by Alpine Energy's
• Manage the Trust’s funds
• Communicate with beneficiaries and the general public on the Trust’s activities
• Monitor and address regulatory issues affecting Alpine Energy's, the Trust and beneficiaries
• Get involved in energy matters in the interests of Alpine Energy's, our consumers and beneficiaries
• Take a proactive role in ensuring security of supply for our customers
• Monitor prices of Alpine Energy's Electricity services in the Trust district and ensure these do not exceed the agreed pricing policy

Your Trustees