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Crown Entities Act 2004

Crown entity reporting and financial obligations - Miscellaneous

175: Consultation with House of Representatives on reporting standards

You could also call this:

"Minister talks to House of Representatives about new reporting rules"

Illustration for Crown Entities Act 2004

The Minister has to prepare a draft of any new rules they want to make about reporting standards. They must send this draft to the Speaker of the House of Representatives. The Speaker then shows the draft to the House of Representatives as soon as they can. You can think of the House of Representatives like a big group of people who help make decisions for New Zealand. The Minister might change the draft rules after hearing what the Speaker or a committee has to say about them. The Minister can make these changes if they think it's a good idea. After the Minister makes the new rules, they have to show them to the House of Representatives as soon as they can.

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"The Minister of Finance's rules for government organisations to share information publicly."

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Part 4Crown entity reporting and financial obligations
Miscellaneous

175Consultation with House of Representatives on reporting standards

  1. The Minister must prepare and submit to the Speaker of the House of Representatives a draft of any instruction proposed to be issued under section 174(1)(b).

  2. The Speaker must present the draft instruction to the House of Representatives as soon as is reasonably practicable.

  3. The Minister, after considering any comments of the Speaker or any committee of the House of Representatives that considered the draft instruction, may amend the draft instruction as the Minister thinks fit.

  4. The Minister must, as soon as practicable after issuing an instruction, present it to the House of Representatives.

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