This page is about a bill. That means that it's not the law yet, but some people want it to be the law. It could change quickly, and some of the information is just a draft.

Valuers Bill

Miscellaneous - Financial provisions

98: Board is public entity under Public Audit Act 2001

You could also call this:

"The Board must be checked by the Auditor-General like other public groups."

The proposed law says the Board is a public entity. This means the Board will be audited by the Auditor-General. The Auditor-General is in charge of auditing public entities under the Public Audit Act 2001.

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This page was last updated on 30 October 2025

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS641032.

Topics:

Government and voting > Government departmentsMoney and consumer rights > Taxes

97: Investment of money, or

"The Board can invest spare money in a bank or other safe place."

99: Board must reimburse Land Information New Zealand for expenditure incurred in relation to this Act, or

"The Board pays LINZ back for costs related to this law."

Part 4Miscellaneous
Financial provisions

98Board is public entity under Public Audit Act 2001

The Board is a public entity as defined in section 4 of the Public Audit Act 2001 and, in accordance with that Act, the Auditor-General is its auditor.