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Reserve Bank of New Zealand Act 2021

Reserve Bank of New Zealand - Minister’s role

23: When Minister may delegate powers

You could also call this:

"When the Minister can pass on their powers to others"

Illustration for Reserve Bank of New Zealand Act 2021

The Minister has some powers under this Act, but they can only delegate them in certain ways. You need to know that the Minister can delegate the power to request information to the chief executive of the monitor, as stated in clause 5 of Schedule 6 of the Public Service Act 2020, but with some exceptions. The chief executive of the monitor can then pass this power on to an employee or a contractor working for the monitor.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS288120.

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Topics:
Government and voting > Government departments
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22: Minister's role, or

"The Minister helps the Reserve Bank of New Zealand work well and make good decisions."

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"The board makes big decisions for the Reserve Bank of New Zealand."

Part 2Reserve Bank of New Zealand
Minister’s role

23When Minister may delegate powers

  1. Despite clause 5 of Schedule 6 of the Public Service Act 2020, the Minister may not delegate any power under this Act except as provided in this section.

  2. The Minister may delegate the power in section 196 or 197 to request information to the chief executive of the monitor (who may subdelegate this delegation to an employee of the monitor or to an individual working for the monitor as a contractor in relation to a function, duty, or power of the monitor).

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