The Maori Party has issued advice to iwi on the Government's draft paper on partial asset sales before a consultation hui starts next week.
Waiariki MP Te Ururoa Flavell says Maori need to be aware of the implications of the Government's consultation document.
He says the three options proposed in the paper do not require private shareholders to act in accordance with the Treaty of Waitangi.
Mr Flavell says they are urging iwi to ensure that section nine of the State-Owned Enterprises Act, which requires the Crown to act in accordance with the Treaty, is at least maintained.
The series of nationwide hui begins in Rotorua on Wednesday.