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Crown Entities Act 2004

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

149B: Purpose of statement of performance expectations

You could also call this:

"What a Crown entity aims to achieve and how it will be measured."

Illustration for Crown Entities Act 2004

The purpose of a statement of performance expectations for a Crown entity is to help the responsible Minister set annual performance expectations. This statement also informs the House of Representatives about these expectations. You can think of it as a way to measure how well the Crown entity is doing its job, by comparing its actual performance to what was expected.

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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=DLM6176674.

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"Crown entities must publish and share changes to their plans with the public and the government."

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149C: Obligation to prepare statement of performance expectations, or

"Crown entities must plan ahead with a statement of performance expectations each year"

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

149BPurpose of statement of performance expectations

  1. The purpose of a statement of performance expectations for a Crown entity is to—

  2. enable the responsible Minister to participate in the process of setting annual performance expectations; and
    1. enable the House of Representatives to be informed of those expectations; and
      1. provide a base against which actual performance can be assessed.

        Notes
        • Section 149B: inserted, on , by section 58 of the Crown Entities Amendment Act 2013 (2013 No 51).