date:Jul 25, 2012
The vote opens the door for Fonterras farmer shareholders to buy and sell shares amongst themselves.
In June 2012, shareholders voted to implement the TAF scheme, with 66.45% of those who turned out in favour.
Fonterra chairman, Henry van der Heyden and several members of the New Zealand parliament have welcomed the result.
TAF milestone
The enactment of these changes to DIRA is another milestone as we move towards Trading Among Farmers,said Fonterra chairman Sir Henry van der Heyden.
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