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Local Government Act 2002

Council-controlled organisations and council organisations - Monitoring and reporting

67: Annual report

You could also call this:

“Council groups must write a yearly report about what they did”

You need to know about annual reports for council-controlled organisations. These are important documents that show what the organisation has been doing.

The board of a council-controlled organisation must write a report about what they did during the year. They have to do this within 3 months after the end of each financial year.

When the report is ready, the board must give it to the shareholders. If the organisation is indirectly controlled by local authorities, the board must also give the report to those local authorities. The board must also make the report available for anyone to read.

The report needs to include specific information. This information is listed in sections 68 and 69 of the law, and in the organisation’s statement of intent.

If the organisation has asked for or received money from its shareholders for any activity, they must write about this in the annual report.

When a local authority gets an annual report, they must put it on their website within 1 month. They need to keep it on their website for at least 7 years.

This is how the law makes sure that council-controlled organisations tell people what they’ve been doing and how they’ve spent money.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM171897.

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Government and voting > Local councils
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66: Half-yearly or quarterly reports, or

“Regular updates on council-controlled organisations' activities”

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67A: Extension of time limit for 2019/20 financial year annual reports: COVID-19, or

“Extra time was given for yearly reports during COVID-19, but this rule is no longer used”

Part 5 Council-controlled organisations and council organisations
Monitoring and reporting

67Annual report

  1. Within 3 months after the end of each financial year, the board of a council-controlled organisation must—

  2. complete a report on the organisation’s operations during that year; and
    1. deliver the report to its shareholders and, in the case of an organisation that is indirectly controlled by 1 or more local authorities (for example, a subsidiary of a holding company owned by a local authority), to each local authority that indirectly controls the organisation; and
      1. make the report available to the public.

        1. The report must include the information required to be included by—

        2. sections 68 and 69; and
          1. its statement of intent.

            1. Repealed

            2. If a council-controlled organisation has undertaken to obtain or has obtained compensation from its shareholders in respect of any activity, the undertaking or the amount of compensation obtained must be recorded in the annual report of the council-controlled organisation.

            3. Each local authority that receives an annual report under this section must publish the annual report on an Internet site maintained by or on behalf of the local authority within 1 month of receiving it, and must maintain the report on that site for a period of no less than 7 years.

            4. Repealed

            5. Repealed
            Notes
            • Section 67(1): replaced, on , by section 25(1) of the Local Government Act 2002 Amendment Act 2019 (2019 No 54).
            • Section 67(3): repealed, on , by section 6 of the Local Government Act 2002 Amendment Act 2004 (2004 No 63).
            • Section 67(3): inserted, on , by section 25(2) of the Local Government Act 2002 Amendment Act 2019 (2019 No 54).
            • Section 67(4): inserted, on , by section 25(2) of the Local Government Act 2002 Amendment Act 2019 (2019 No 54).
            • Section 67(5) heading: repealed, on the , by section 67(6).
            • Section 67(5): repealed, on the , by section 67(6).
            • Section 67(6): repealed, on the , by section 67(6).