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Crown Entities Act 2004

Crown entity reporting and financial obligations - Reporting obligations - Planning: statement of intent

138: Purpose of statement of intent

You could also call this:

"A statement of intent is a plan that helps a Crown entity achieve its goals and be accountable to the public."

Illustration for Crown Entities Act 2004

The purpose of a statement of intent is to help a Crown entity be accountable to the public. You can think of it like a plan that explains what the Crown entity wants to achieve and how it will do it. This plan helps the Crown work with the Crown entity to set its goals and makes sure the entity is doing what it said it would do, so its performance can be checked later.

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137: Application of this subpart, or

"When this law applies to organisations, starting from 2006, it has a special condition."

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139: Obligation to prepare statement of intent, or

"Crown entities must give their Minister a plan for the next few years, following certain rules."

Part 4Crown entity reporting and financial obligations
Reporting obligations: Planning: statement of intent

138Purpose of statement of intent

  1. The purpose of a statement of intent is to promote the public accountability of a Crown entity by—

  2. enabling the Crown to participate in the process of setting the Crown entity's strategic intentions and medium-term undertakings:
    1. setting out for the House of Representatives those intentions and undertakings:
      1. providing a base against which the Crown entity's actual performance can later be assessed.

        Notes
        • Section 138(a): amended, on , by section 48 of the Crown Entities Amendment Act 2013 (2013 No 51).