Our Legislative Framework

Lutra became a substantive Council-Controlled Trading Organisation (CCTO) on 1 February 2020 as a result of the acquisition by Watercare Services Limited of 67% of Lutra Limited’s shares.


Our Board of Directors

Lutra’s Board of directors comprises Maseina Koneferenisi, Rebecca Chenery (Chair), and Shayne Cunis (Executive Programme Director).

Rebecca and Shayne were appointed by Lutra’s major shareholder, Watercare Services Limited. Rebecca is Watercare’s Chief Digital Officer, and Shayne is Watercare's Executive Programme Director.

The Lutra board meets at regular intervals throughout the year. Our Corporate Governance Charter defines the duties and obligations of the board and board members covering fiduciary duty, duty of care, diligence, legal and statutory duties, and conflicts of interest.

Board meetings

Our Board will hold public meetings in May and November from 2021 onwards. For those wishing to attend, please send a request to our company secretary (melissa.massey@water.co.nz). Alternatively, members of the public who are unable to attend in person may send questions or comments to the Board, also via the company secretary.

Board meetings are publicly advertised in the New Zealand Herald. Read our guidelines on public attendance for board meetings here.


What does it mean being a CCTO?
As a CCTO, we have principal objectives under Section 59 of the Local Government Act 2002 in carrying out our activities and functions. This includes:
  • Achieve the objectives of our shareholders, both commercial and non-commercial, as specified in our Statement of Intent (SOI)
  • Be a good employer (as defined in Clause 36 of Schedule 7 of the Local Government Act 2002);
  • Exhibit a sense of social and environmental responsibility by having regard to the interests of the community in which we operate and by endeavouring to accommodate or encourage these interests when we are able to do so;
  • Conduct our affairs in accordance with sound business practice.

Also, under the legislative framework:
  • At least two board meetings a year are required to be held in public: one before 30 June to consider our Shareholders’ comments on the draft SOI for the upcoming financial year, and one after 1 July to consider our performance under the SOI for the previous financial year. These two board meetings are open to the members of the public (with Section 7 of the Local Government Official Information and Meetings Act 1987 permitting certain private matters to be dealt with in private);
  • Our financial statements and SOI must be audited by the Auditor-General, or by an auditor acting on behalf of the Auditor-General.
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