Reserve Bank of New Zealand Act 2021

Preliminary provisions

7: Act binds the Crown

You could also call this:

"The government must follow this law's rules."

Illustration for Reserve Bank of New Zealand Act 2021

This Act applies to the Crown. You need to know that the Crown means the government. The Act's rules bind the Crown, which means they must follow them.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS287014.

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6: Transitional, savings, and related provisions, or

"Special rules to help with the change to the new law"


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8: Continuation of Reserve Bank of New Zealand, or

"The Reserve Bank of New Zealand keeps working as it has before."

Part 1Preliminary provisions

7Act binds the Crown

  1. This Act binds the Crown.