If you are a member of a Crown entity company and you stop being a member for any reason, you are not entitled to any payment or benefit. This means you will not get any money or other advantages just because you are no longer a member. You will simply stop holding the office and will not receive any compensation.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM330332.
90: Members must disclose interests before appointment, or
"Tell the Ministers about your interests before joining a Crown entity company"
92: Duty to act consistently with objectives, functions, statement of intent, and statement of performance expectations, or
"Crown entity companies must do things that match their goals and plans."
A member of a Crown entity company 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.
