STATE TO TAKE OVER

Dominion, Volume 33, Issue 187, 4 May 1940, Page 10

STATE TO TAKE OVER

Centennial Exhibition Buildings

STATEMENT BY MINISTER

The intention of the Government to take over tiie Centennial Exhibition buildings when Lite Exhibition closes today was announced yesterday by tiie Minister of Industries and Commerce and president of tiie New Zealand Centennial Exhibition Company, Mr. Sullivan. He said the main reason for this action was that the buildings could be utilized, to advantage in carrying out the expansion involved in New Zealand’s part of the Empire air training scheme.

“Tiie formula fixing tiie basis on which these assets will be transferred bv the Exhibition Company to the Government has been tentatively tigreed on by a committee representing tiie directors and by a committee appointed by me, but till the accounts of the Exhibition are completed and the position in regard to various liabilities clarified, it would not be practicable to finalize thfe exact basis of transfer,” said Mr. Sullivan. “In the meantime, therefore, it is not possible to give more definite information arising out of the Government’s decision.”

GOODWILL GESTURE

Australian Pavilion Given

To New Zealand

It is- announced in a Press Association cable message from Canberra that the Commonwealth Government has presented the Australian pavilion at the New Zealand Centennial Exhibition to the Dominion Government for military or similar purposes,_ as a gesture of goodwill and co-operation in the Empire war effort. The building cost about £20,000.