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Crown Entities Act 2004

Establishment and governance of Crown entities - Statutory entities - Appointment, removal, and conditions of members

43: No compensation for loss of office

You could also call this:

"You don't get paid if you lose your job on a statutory entity."

Illustration for Crown Entities Act 2004

If you are a member of a statutory entity and you stop being a member for any reason, you are not entitled to any payment or benefit because of this. You will not get any compensation just because you are no longer a member. This applies no matter why you stopped being a member.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM329970.

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Government and voting > Government departments
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Part 2Establishment and governance of Crown entities
Statutory entities: Appointment, removal, and conditions of members

43No compensation for loss of office

  1. A member of a statutory entity is not entitled to any compensation or other payment or benefit relating to his or her ceasing, for any reason, to hold office as a member.