Plain language law

New Zealand law explained for everyone

Crown Entities Act 2004

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

139: Obligation to prepare statement of intent

You could also call this:

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

Illustration for Crown Entities Act 2004

If you are a Crown entity, you must give your responsible Minister a statement of intent. This statement must follow the rules in this section and in section 141. You must make sure your statement of intent is about the next financial year and at least the three years after that.

You have to give a statement of intent to your Minister at least once every three years. This is a rule that you must follow, unless another law says you do not have to. You should check if you are exempt from this rule under this or another Act.

If you are a Crown entity, remember to follow these rules when making your statement of intent. You must provide the statement to your Minister on time and make sure it has all the necessary information. This will help you meet your obligations under the law.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM330540.

Topics:
Government and voting > Government departments
Previous

138: Purpose of statement of intent, or

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

Next

139A: Minister may require Crown entity to prepare new statement of intent at any time, or

"The Minister can ask a Crown entity to make a new plan at any time."

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

139Obligation to prepare statement of intent

  1. A Crown entity must provide to its responsible Minister a statement of intent for the Crown entity that complies with this section and section 141.

  2. A statement of intent must relate to the forthcoming financial year and at least the following 3 financial years.

  3. The Crown entity must provide a statement of intent at least once in every 3-year period.

  4. This section applies unless the Crown entity is exempted from the requirements of this section by or under this or another Act.

Notes
  • Section 139: replaced, on , by section 49 of the Crown Entities Amendment Act 2013 (2013 No 51).