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Crown Entities Act 2004

Preliminary provisions

12: Outline of main Crown entity provisions

You could also call this:

"What the main parts of the Crown Entities Act 2004 are about"

The Crown Entities Act 2004 has different parts that deal with various things. You can find information about the establishment and governance of statutory entities, Crown entity companies, and Crown entity subsidiaries in Part 2. This part covers things like their status, powers, and duties.

Part 3 deals with how Crown entities operate, including what directions the Government can give them. It also talks about things like employees, compliance, and dealing with third parties. You can learn more about these topics in this part of the Act.

The Act also has parts that deal with accountability, miscellaneous provisions, and schedules that list different Crown entities. Part 4 is about accountability to Parliament and the Crown, and it sets out rules on planning and financial statements. Part 5 contains miscellaneous, transitional, and savings provisions.

There are also schedules that list Crown entities and provisions that apply to school boards and tertiary education institutions. You can find these in Schedules 1 and 2, and Schedules 3 and 4. Additionally, Schedule 5 sets out the board procedure for statutory entities.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM329923.

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Part 1Preliminary provisions

12Outline of main Crown entity provisions

  1. Part 2 deals with the establishment and governance of statutory entities (subpart 1), Crown entity companies (subpart 2), and Crown entity subsidiaries (subpart 3), and covers matters such as status, powers, members, duties, delegations, and conflicts of interests, to the extent that those matters are applicable to each of those categories of Crown entity.

  2. Part 3 deals with the operation of Crown entities and with matters such as—

  3. what directions the Government can give to Crown entities:
    1. to what extent members, employees, committee members, and office holders are immune from liability in legal proceedings or may be reimbursed for costs incurred in settling claims or in proceedings:
      1. employees and compliance with the requirements of being a good employer and providing equal employment opportunities:
        1. how Crown entities deal with third parties.

          1. Part 4 deals with the accountability of Crown entities to Parliament and the Crown, and sets out rules on planning, financial statements, reporting, acquisition of financial products, borrowing, payment of net surpluses to the Crown, capital charges, and taxation.

          2. Part 5 contains miscellaneous, transitional, and savings provisions.

          3. Schedules 1 and 2 list the Crown entities in the various categories.

          4. Schedules 3 and 4 list the provisions that apply to school boards and tertiary education institutions and their Crown entity subsidiaries.

          5. Schedule 5 sets out the board procedure for statutory entities (other than corporations sole).

          6. Subsections (1) to (7) are only a guide to the general scheme and effect of this Act.

          Notes
          • Section 12(3): amended, on , by section 150 of the Financial Markets (Repeals and Amendments) Act 2013 (2013 No 70).
          • Section 12(6): amended, on , by section 668 of the Education and Training Act 2020 (2020 No 38).