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Crown Entities Act 2004

Amendments to other enactments

Schedule 2: Crown entity companies

You could also call this:

"Companies owned by the New Zealand government"

Illustration for Crown Entities Act 2004

You can find a list of Crown entity companies in the Crown Entities Act 2004. A Crown entity company is a company that is owned by the government. Some of these companies have exemptions from certain rules. You can see which companies have exemptions in the table. A tick in the table means a company is exempt from a particular rule. The rules are about things like buying financial products and borrowing money. Some companies are exempt from rules like section 161, section 162, section 163, and section 164. They might also be exempt from section 165, which is about paying surplus money to the government. This information helps you understand which rules apply to each company. The list of companies includes Crown Irrigation Investments Limited, Crown Research Institutes, and Television New Zealand Limited. Each company has its own exemptions, which you can see in the table. This information is part of the Crown Entities Act 2004, which is a law that governs how these companies work.

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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=DLM331125.

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Schedule 1: Statutory entities, or

"Groups that follow special rules under the Crown Entities Act 2004"

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Schedule 3: Application of Crown Entities Act 2004 to school boards, or

"How the Crown Entities Act 2004 law applies to school boards in New Zealand"

2Crown entity companies Empowered by ss 7, 160, 165

Note: A tick alongside the name of a Crown entity company means that the Crown entity company is granted an exemption from the section of this Act that appears above the tick.

The following table is small in size and has 6 columns. Column 1 is headed Name. Columns 2 to 5 are grouped under the heading Exemption from acquisition of financial products, borrowing, guarantee, and derivative rules. Column 2 is headed s 161. Column 3 is headed s 162. Column 4 is headed s 163. Column 5 is headed s 164. Column 6 is headed Exemption from section 165 (net surplus payable to Crown).
Name Exemption from acquisition of financial products, borrowing, guarantee, and derivative rules Exemption from section 165 (net surplus payable to Crown)
s 161 s 162 s 163 s 164
Auckland Light Rail Limited
Crown Irrigation Investments Limited ✓
Crown Research Institutes ✓ ✓ ✓ ✓ ✓
New Zealand Venture Investment Fund Limited ✓ ✓ ✓
Radio New Zealand Limited ✓
Television New Zealand Limited ✓ ✓ ✓ ✓ ✓
Notes
  • Schedule 2 table heading: amended, on , by section 150 of the Financial Markets (Repeals and Amendments) Act 2013 (2013 No 70).
  • Schedule 2: amended, on , by clause 4 of the Crown Entities (Auckland Light Rail Limited) Order 2022 (SL 2022/271).
  • Schedule 2: amended, on , by section 17 of the New Zealand Superannuation and Retirement Income Amendment Act 2019 (2019 No 77).
  • Schedule 2: amended, on , by clause 3 of the Crown Entities (Crown Irrigation Investments Limited) Order 2013 (SR 2013/290).
  • Schedule 2: amended, on , by clause 3 of the Crown Entities (New Zealand Fast Forward Fund Limited) Order 2009 (SR 2009/353).