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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 group that might not help the group"

Illustration for Crown Entities Act 2004

If you do something as part of a statutory entity, it is still valid even if it is not in the best interests of the entity. You can find similar information in the Public Finance Act 1989. This means the act is valid regardless of whether it benefits the entity or not.

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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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