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Crown Entities Act 2004

Establishment and governance of Crown entities - Statutory entities - Validity of acts

22: Acts that are not in best interests of statutory entity

You could also call this:

"Things done by a statutory entity are valid even if they're not the best choice for it"

If you do something as part of a statutory entity, it does not matter if it is not the best thing for the entity. The act is still valid even if it is not in the best interests of the statutory entity. You can find similar information in the Public Finance Act 1986.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM329937.

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Part 2Establishment and governance of Crown entities
Statutory entities: Validity of acts

22Acts that are not in best interests of statutory entity

  1. It is irrelevant to the validity of an act that the act is not, or would not be, in the best interests of a statutory entity.

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