About Us
The purpose of this Trust, which was established in 2003, is to manage and distribute a "noise mitigation
fund". A decision was made in the Environment Court on 10 December 2001 that Auckland International
Airport Limited would establish this trust fund as a condition of the company being granted approval to build a
second runway. The court decision (A143/2001) specified the amount of $250,000 per annum (adjusted by
the consumer price index each year) be contributed by the company into the trust fund.
The charitable purposes embedded in that resulting Trust Deed have their origins in that Court decision. |