Maritime Transport Act 1994

Maritime New Zealand - Provisions relating to Authority

436: Restriction applying to statement of intent

You could also call this:

"The Authority must get the Minister's approval before including certain financial plans in their statement."

When you look at a statement of intent from the Authority, you will not see any information about liabilities they plan to incur without the Minister of Finance agreeing to it. The Authority cannot include this information in their statement of intent unless the Minister of Finance says it is okay. This rule is in place to ensure that the Authority and the Minister of Finance work together on important financial decisions.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM338830.


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"What to Expect from Maritime Services: A Promise of Good Service"

Part 29Maritime New Zealand
Provisions relating to Authority

436Restriction applying to statement of intent

  1. Repealed
  2. Repealed
  3. No provision specifying any liabilities the Authority intends to incur may be included in a statement of intent without the concurrence of the Minister of Finance.

Notes
  • Section 436: substituted, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).
  • Section 436 heading: replaced, on , by section 72 of the Crown Entities Amendment Act 2013 (2013 No 51).
  • Section 436(1): repealed, on , by section 72 of the Crown Entities Amendment Act 2013 (2013 No 51).
  • Section 436(2): repealed, on , by section 72 of the Crown Entities Amendment Act 2013 (2013 No 51).