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Crown Entities Act 2004

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

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

You could also call this:

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

Illustration for Crown Entities Act 2004

The Minister in charge of a Crown entity can ask the entity to create a new statement of intent at any time if they think it is necessary or desirable. You need to know that a statement of intent is a document that outlines what the Crown entity plans to do. When a Crown entity provides a new statement of intent, it must follow the rules set out in sections 139 and 141.

The Minister can ask the Crown entity to include plans for the rest of the current financial year, as well as the next financial year and at least the three years after that, even if the rules in section 139(2) say something different. This means the Crown entity has to think about and plan for what it will do over a long period of time.

The Crown entity must do what the Minister asks and provide the new statement of intent as required.

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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=DLM6176626.

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139: Obligation to prepare statement of intent, or

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

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139B: Minister may grant extension of time for, or waive, requirement to provide statement of intent, or

"The Minister can give you more time or let you off doing a statement of intent"

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

139AMinister may require Crown entity to prepare new statement of intent at any time

  1. A Crown entity's responsible Minister may, if the Minister considers it necessary or desirable, require the Crown entity to provide a new statement of intent at any time.

  2. A statement of intent provided under this section must comply with sections 139 and 141.

  3. Despite section 139(2), the Minister may require the new statement of intent to relate to the remainder of the current financial year in addition to the forthcoming financial year and at least the following 3 financial years.

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