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Reserve Bank of New Zealand Act 2021

Financial and accountability matters - Reporting obligations - Planning: statement of intent

221: Application and term of statement of intent

You could also call this:

"When a statement of intent starts and ends"

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A statement of intent starts on the later of two dates: when the final statement is given to the Minister or the first day of the period it relates to. It stays in force until a new one starts, even if the financial year ends. You can find out about amendments in section 224.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS287265.

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"The Reserve Bank's plan and goals"

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"The Minister helps decide what's in a statement of intent for the Reserve Bank."

Part 5Financial and accountability matters
Reporting obligations: Planning: statement of intent

221Application and term of statement of intent

  1. A statement of intent is in force—

  2. from the later of—
    1. the date on which the final statement of intent is provided to the Minister; and
      1. the first day of the period to which the statement of intent relates; and
      2. until a new statement of intent is in force in relation to the Bank (despite the end of any financial year to which the statement relates); and
        1. with any amendments that are made as described in section 224.

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