The Maori Party is considering ministerial advice on a problem with asset sales that threatens its support agreement with the government
Co-leaders Pita Sharples and Tariana Turia met Finance Minister Bill English late Tuesday after raising serious concerns about the way the government is handling the partial sale of four state-owned power companies.
The companies are going to be removed from the State-owned Enterprises Act and will not be covered by the treaty clauses in the legislation.
The Maori Party says that amounts to the government saying the Treaty of Waitangi does not exist, which could mean the end of its confidence and supply agreement.
Key, Maori Party square off over asset sales
Prime Minister John Key says the issues can be worked through and he's confident there will not be any break with the party.
He says the companies can't be covered by treaty clauses as they stand because 49 percent of them will be sold.
"The Crown can be committed to treaty obligations but private shareholders can't," he said yesterday.
"There's a consultation process to go through and I'm sure we'll find an elegant way through this."
The treaty clauses are largely symbolic and commit the government to acting "in a manner consistent with the Treaty of Waitangi".
Mr Key says they've been around for 26 years and haven't caused any problems.
Mr English explained how a modified form of the clauses could be put into effect for the companies.
NZN