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Crown Entities Act 2004

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

149I: Process for providing statement of performance expectations to responsible Minister

You could also call this:

"How Crown entities give their performance plans to the Minister"

Illustration for Crown Entities Act 2004

If you are a Crown entity, you must give your statement of performance expectations to your responsible Minister. You do this by first giving them a draft of your statement of performance expectations, which you must do no later than 2 months before the start of the financial year, or within a time frame set by your Minister if you are a newly established entity. Your Minister will then give you their comments on the draft, which they must do within 15 working days.

You must think about your Minister's comments and then give them your final statement of performance expectations. You must do this as soon as possible after getting their comments, but before the start of the financial year, or within 25 working days if you are a newly established entity to which section 149D applies. If your Minister does not give you any comments, you must still give them your final statement within 25 working days.

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149H: Ministerial involvement in statements of performance expectations, or

"Ministers help decide what Crown entities must do and how they report their progress"

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149J: Amendments to final statement of performance expectations by responsible Minister, or

"Minister can ask Crown entities to change their performance plans"

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

149IProcess for providing statement of performance expectations to responsible Minister

  1. A Crown entity that is required to prepare a statement of performance expectations must provide it to its responsible Minister.

  2. The process that must be followed in providing a statement of performance expectations is as follows:

  3. the Crown entity must provide a draft statement of performance expectations to its responsible Minister—
    1. not later than 2 months before the start of the financial year to which the statement of performance expectations relates; or
      1. in the case of a newly established Crown entity to which section 149D applies, within the time frame specified by the responsible Minister; and
      2. the responsible Minister must provide to the entity any comments that he or she may have on the draft not later than 15 working days after receiving it; and
        1. the entity must consider the comments (if any) on the draft and provide the final statement of performance expectations to the responsible Minister—
          1. as soon as practicable after receiving the comments (if any), but before the start of the financial year to which the statement of performance expectations relates; or
            1. if the Crown entity is a newly established entity to which section 149D applies,—
              1. as soon as practicable, but not later than 25 working days, after receiving the comments; or
                1. if the responsible Minister does not provide comments within the period specified in paragraph (b), not later than 25 working days after the end of that period.

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