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Crown Entities Act 2004

Miscellaneous provisions - Transitional and savings provisions

188: Existing compensation provision

You could also call this:

"Payment you get if you stop being part of a Crown group"

Illustration for Crown Entities Act 2004

If you are a member of a Crown entity or a committee, you might be entitled to some compensation or payment if you stop being a member. This entitlement is based on a contract or arrangement you have, and it is not changed by this Act being enacted. You will still get this compensation or payment unless you are reappointed to the Crown entity or committee, in which case your entitlement will be cancelled.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM330598.

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Part 5Miscellaneous provisions
Transitional and savings provisions

188Existing compensation provision

  1. This section applies to a member of a Crown entity and every member of a committee who is entitled, at the commencement of this section under any contract or arrangement, to any compensation or other payment or benefit relating to his or her ceasing for any reason to hold office as a member.

  2. The entitlement is not affected by the enactment of this Act.

  3. However, the entitlement is cancelled on the date of reappointment of the member to the Crown entity or the committee (if any).