New Zealand Legislation: Acts

42K Annual report

• (1) The Council shall in each year give the Minister a report on the operation of this Part of this Act.

  (2) The Council shall include in every annual report the financial statements prepared by the Council, in accordance with Part 4 of the Crown Entities Act 2004, in respect of the financial year to which the report relates, together with the audit report and the management statement relating to those financial statements.

  (3) A copy of every annual report of the Council shall be tabled in the House of Representatives in accordance with section 150(3) of the Crown Entities Act 2004.

  Sections 41 and 42 were substituted, and sections 42A to 42K were inserted, as from 23 July 1990, by section 50(1) Education Amendment Act 1990 (1990 No 60).

  Subsection (2) was amended, as from 25 January 2005, by section 37(1) Public Finance Amendment Act 2004 (2004 No 113) by substituting the words “Part 4 of the Crown Entities Act 2004” for the words “Part 5 of the Public Finance Act 1989”.

  Subsection (3) was amended, as from 25 January 2005, by section 37(1) Public Finance Amendment Act 2004 (2004 No 113) by substituting the words “section 150(3) of the Crown Entities Act 2004” for the words “section 44 of the Public Finance Act 1989”.