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Crown Entities Act 2004

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

147: Amendments to final statement of intent by responsible Minister

You could also call this:

"Minister can ask you to change your plans"

Illustration for Crown Entities Act 2004

You are part of a Crown entity. A responsible Minister can tell you to change some parts of your final statement of intent. They can do this under section 141(1) or (2)(a), (b), (d), or (e). The Minister's direction is like an instruction. You must follow some rules when the Minister tells you to make changes. These rules are in sections 113 to 115, but not section 115(2). The changes come into effect on the date the Minister says. When you make these changes, you must write them down and sign them. Two members of the board must sign, or the sole member if it is a corporation sole. Once you sign the changes, they are final. There is another section, section 148, that does not apply to these changes.

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

147Amendments to final statement of intent by responsible Minister

  1. A responsible Minister of a Crown entity may direct a Crown entity to amend any provision that is included in the entity's final statement of intent under section 141(1) or (2)(a), (b), (d), or (e).

  2. Sections 113 to 115 (other than section 115(2)) apply to a direction under subsection (1).

  3. The amendment to the statement of intent, as specified by the Minister, is in force from the effective date of the direction.

  4. An amendment under this section—

  5. must be in writing, be dated, and be signed on behalf of the board by 2 members or, in the case of a corporation sole, by the sole member; and
    1. is a final amendment when it has been signed in accordance with paragraph (a).

      1. Section 148 does not apply to amendments made under this section.

      Compare
      Notes
      • Section 147 heading: amended, on , by section 56(1) of the Crown Entities Amendment Act 2013 (2013 No 51).
      • Section 147(1): replaced, on , by section 56(2) of the Crown Entities Amendment Act 2013 (2013 No 51).
      • Section 147(2): replaced, on , by section 56(2) of the Crown Entities Amendment Act 2013 (2013 No 51).
      • Section 147(3): amended, on , pursuant to section 56(2) of the Crown Entities Amendment Act 2013 (2013 No 51).
      • Section 147(4): replaced, on , by section 56(3) of the Crown Entities Amendment Act 2013 (2013 No 51).