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Financial Reporting Act 2013

External Reporting Board, standards, and provisions that apply to other enactments - External Reporting Board

11: Continuation of External Reporting Board

You could also call this:

"The External Reporting Board keeps working like it has before, following some rules from the Crown Entities Act."

Illustration for Financial Reporting Act 2013

You know there is an organisation called the External Reporting Board. It keeps on existing as it has in the past. The External Reporting Board is a type of organisation called a Crown entity, which is explained in section 7 of the Crown Entities Act 2004.

The rules in the Crown Entities Act 2004 apply to the External Reporting Board, except when this Act says something different. This External Reporting Board is the same one that was already set up under section 22 of the Financial Reporting Act 1993.

You can think of the External Reporting Board as a group that keeps working as it has before, with some rules from the Crown Entities Act 2004 applying to it.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4632899.

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Part 2External Reporting Board, standards, and provisions that apply to other enactments
External Reporting Board

11Continuation of External Reporting Board

  1. There continues to be an organisation called the External Reporting Board.

  2. The External Reporting Board is a Crown entity for the purposes of section 7 of the Crown Entities Act 2004.

  3. The Crown Entities Act 2004 applies to the External Reporting Board except to the extent that this Act expressly provides otherwise.

  4. The External Reporting Board is the same body as the External Reporting Board continued under section 22 of the Financial Reporting Act 1993.

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