Nominations now open for 2020 TECT election
It’s election time again for TECT, with three of the Trust’s six trustees required to retire by rotation this year.
TECT provides support for local initiatives, facilities and events that bring vibrancy, connectedness, growth and economic benefits to the region.
About 40 per cent of TECT’s assets are held in a diversified portfolio, including a range of national and international investments.
The remainder is made up of a shareholding in Trustpower. Returns from those investments are distributed by way of rebates to eligible TECT beneficiaries and grants to community organisations in the Western BOP area.
The Trust has again appointed Warwick Lampp from electionz.com Ltd as its independent returning officer to manage the process.
“The TECT election usually draws a lot of interest from aspiring candidates and we’re expecting that same level of interest this year," says Warwick.
"TECT has had a major influence in community projects within the Western BOP area over the past 25 years and management of the Trust fund in the current and post Covid-19 environment will be very important."
The trustees retiring this year are Natalie Bridges, Bill Holland and Amanda Sutcliffe, all of whom can re-stand if they wish.
Candidates must be TECT beneficiaries and must be nominated by two separate TECT beneficiaries. Each candidate needs to provide a brief candidate profile and a recent photo.
The nomination period is now open and closes at midday on Friday, May 29.
Nomination forms and a candidate handbook are available from the TECT website, at www.tect.org.nz/page/election, or by request from electionz.com on freephone 0800 666 029, or email to email@example.com.
If more than three nominations are received an election will be carried out by postal and internet voting.
Voting papers will be mailed out to about 52,000 eligible voters from June 22 with voting closing at midday on Friday, July 17.