This shareholders’ agreement sets out how Horowhenua District Council, Palmerston North City Council and Rangitīkei District Council will work together as owners of Central Districts Water Limited.
It outlines how the councils will manage their shareholdings, govern the company, and make key decisions about its operation and oversight.
It also establishes the roles and responsibilities of the shareholders and the Shareholders Committee as the company prepares to deliver water services across the service area under the Local Government (Water Services) Act 2025.