FlyerTalk Forums - View Single Post - US DOT rule applicability

May 12, 2020, 12:22 am

#166

sbiddle

Join Date: Apr 2013

Location: New Zealand (most of the time)

Programs: Air NZ Elite *G, Honors Gold, IHG Platinum Elite

Posts: 6,118

Quote:

Originally Posted by garykung

Just because the NZ Government claims it is not, it does not mean it is not.

At least PWC agrees with me.

Well NZ law says it's not - so that can only mean PWC is wrong.

Just because something can meet a technical definition of a SOE does not mean it is. Here in New Zealand state owned entities are covered by the State-Owned Enterprises Act 1986 which has very specific rules and criteria around those companies that are SOEs, and the Crown Entities act also covers other businesses.

Here in NZ we also have mixed ownership companies where the Govt has a stake, and publically listed companies where the Government has a stake (of which Air NZ is one).

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