Accident Compensation Act 2001

Accident Compensation Corporation - The Corporation

259: Accident Compensation Corporation

You could also call this:

“The ACC is a special government organisation that helps with accidents”

The Accident Compensation Corporation, which was set up by a law in 1998, is still around today. It’s a special type of organisation that’s part of the government.

The Corporation has to follow the rules set out in a law called the Crown Entities Act 2004, except when this Act (the Accident Compensation Act 2001) says something different.

For some money matters, the Corporation is treated like a local council. This is because of a rule in another law called the Public Finance Act 1989.

You don’t have to worry about the Corporation paying income tax because it doesn’t have to pay any.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM103134.


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Part 7 Accident Compensation Corporation
The Corporation

259Accident Compensation Corporation

  1. The Accident Compensation Corporation established by the Accident Insurance Act 1998 is continued.

  2. The Corporation 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 Corporation except to the extent that this Act expressly provides otherwise.

  4. The Corporation is a local authority for the purposes of section 73 of the Public Finance Act 1989.

  5. The Corporation is exempt from income tax.

Notes
  • Section 259(2): substituted, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).
  • Section 259(3): substituted, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).
  • Section 259(4): substituted, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).