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Statement of Non-departmental Contingent Liabilities and Contingent Assets

as at 30 June

This statement discloses situations that exist at 30 June, the ultimate outcome of which is uncertain and will be confirmed only on the occurrence of one or more future events after 30 June.

Quantifiable Contingent Liabilities

 

2009
Actual
$000

2008
Actual
$000

Legal proceedings

650

1,850

Total quantifiable contingent liabilities

650

1,850


Legal proceedings relate to:

(a)  permitting decisions relating to non-commercially harvested species ($0.430m)

(b)  potential liability relating to a judicial review of the Hector’s/Maui’s dolphin protection decisions ($0.070m)

(c)  a Ministry decision on the Tasman Interim Aquaculture Management Areas, which is subject to appeal and judicial review ($0.100m)

(d)  a judicial review against the approval of offshore marine farming and spat catching ($0.050m).

For each of these contingencies there is uncertainty relating to the amount and timing of any outflow.

It is unlikely there will be any reimbursement of these costs.

Unquantifiable Contingent Liabilities

The Ministry has a number of contingent liabilities which cannot be quantified at 30 June 2009. These arise primarily from:

(a)  two judicial reviews

(b)  a Treaty of Waitangi claim.

Contingent Assets

The Ministry on behalf of the Crown has no contingent assets (2008 nil).


These schedules should be read in conjunction with the notes on pages 82 to 86.

Updated : 4 November 2009