Crown Entities Act 2004

Establishment and governance of Crown entities - Statutory entities - Reliance on information and advice

61: When members may rely on certain information and advice

You could also call this:

"When you can trust information and advice as a member of a government group"

Illustration for Crown Entities Act 2004

When you are a member of a statutory entity, you can rely on information and advice from certain people. You can trust reports and statements from employees who you believe are reliable and good at their job. You can also trust professional advisers who have expertise in a particular area, as long as you believe they are competent in that area.

You can rely on information from other members or committees, as long as they have the authority to deal with the matter. You can also trust information supplied by the Crown.

To be able to rely on this information, you must act in good faith, ask questions if you need to, and not know that the information is wrong.

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Part 2Establishment and governance of Crown entities
Statutory entities: Reliance on information and advice

61When members may rely on certain information and advice

  1. A member, when acting as a member, may rely on reports, statements, financial data, and other information prepared or supplied, and on professional or expert advice given, by any of the following persons:

  2. an employee of the statutory entity whom the member believes on reasonable grounds to be reliable and competent in relation to the matters concerned:
    1. a professional adviser or expert in relation to matters that the member believes on reasonable grounds to be within the person's professional or expert competence:
      1. any other member or a committee on which the member did not serve in relation to matters within the member's or committee's designated authority.
        1. A member, when acting as a member, may rely on reports, statements, financial data, and other information supplied by the Crown.

        2. This section applies to a member only if the member—

        3. acts in good faith; and
          1. makes proper inquiry if the need for inquiry is indicated by the circumstances; and
            1. has no knowledge that the reliance is unwarranted.