Insolvency threatens Maori forest owners
1 Apr 2008

Tehcnical insolvency for Maori forest landownbers?
Some Maori owners of pre-1990 forest land are going to become technically insolvent the day the Government’s emissions trading scheme (ETS) comes into effect, according to the secretary of a Maori incorporation.
“The liabilities imposed on them under the legislation are going to greatly exceed the value of their assets,” Harvey Bell told Carbon News last night.
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