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Asset sales referendum in the post

Published: 10:04AM Friday November 22, 2013 Source: ONE News

Voting papers for the citizens initiated referendum on asset sales will be delivered today.

The non-binding referendum asks the question: Do you support the Government selling up to 49% of Meridian Energy, Mighty River Power, Genesis Power, Solid Energy and Air New Zealand?

"This is a postal vote, so once people have ticked the answer they want, they can simply return their paper by post in the envelope provided," says Robert Peden, Chief Electoral Officer.

Voting closes on December 13, and voters should post their voting papers back no later than Thursday December 12 for them to arrive in time.

It comes just days after the Government netted $365 million from the sale of a 20% stake of Air New Zealand.

More than $221 million shares were sold at $1.65 - the price shares closed last Friday - after the Government announced the sell down on Sunday afternoon.