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    Chris & I were at the same DHB meeting.

    I think Chris has basis of statements correct with I believe a difference on privatisation timing.

    Fact

    The current & only process in play has been going on for two & a half years.

    Fact

    Until the DHB proposal has been decided on by Theresa Villiers no further options can be considered.

    Fact

    DHB have an enhanced submission ready to go once the decision on Sec31 challenge [charges/fees to ferry operators] has been determined again by a Minister. The Minister already has the Inspectors recommendations. The difference I have with Chris on this one is that DHB could submit their updated proposals in May/June [expected decision time for Sec31] & the privatisation process, if approved, would start?conclude by Autumn 2013

    Fact

    Under the present process DHB would conduct the privatisation process [their scheme]& make the decision on a preferred bidder after consultation with government advisors-[Royal Bank of Canada].


    Watty

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