New Zealand Legislation: Acts
Acts are laws made by Parliament
Reprint as at 1 May 2011
| Public Act | 1986 No 124 |
| Date of assent | 18 December 1986 |
| Commencement | see section 1 |
Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.
A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.
This Act is administered by the Treasury.
1 Short Title and commencement
4 Principal objective to be successful business
8 Application of Employment Relations Act 2000
Part 2
Formation and ownership of new State enterprises
10 Ministers may hold shares and equity bonds in new State enterprises
10A Power to add to Schedules 1 and 2 by Order in Council
11 Ministers to hold all shares in new State enterprises
12 State enterprise equity bonds
13 Powers of shareholding Ministers in respect of new State enterprises
14 Statement of corporate intent
15 Annual report, accounts, and dividend
17 Information to be laid before House of Representatives
19 Auditor-General to be auditor of State enterprises and subsidiaries
20 Protection from disclosure of sensitive information
Part 4
Miscellaneous provisions
21 Saving of certain transactions
22 Provisions relating to Ministers' shareholding
23 Transfer of Crown assets and liabilities to State enterprises
24 Provisions relating to transfer of land
26A Certification of easements
27A District Land Registrar to register necessary memorial
27B Resumption of land on recommendation of Waitangi Tribunal
27C Resumption of land to be effected under Public Works Act 1981
28 Orders in Council relating to transfer of assets and liabilities
29 Interpretation relating to transfer of assets and liabilities
29A Further provision relating to transfer of Crown assets and liabilities
30 Application of Companies Acts to new State enterprises
31 Review of Ombudsmen Act 1975 and Official Information Act 1982 in relation to State enterprises
32 Amendments and transitional provisions relating to new State enterprises
Schedule 2
New State enterprises
Schedule 2A
Modifications of provisions of Public Works Act 1981 applicable to acquisition of land pursuant to recommendation of Waitangi Tribunal
Schedule 4
Transitional provisions
Schedule 5
Amendments to Coal Mines Act 1979
[Repealed]
Treaty of Waitangi (State Enterprises) Act 1988
Post Office Bank Amendment Act 1988
State-Owned Enterprises Amendment Act (No 2) 1990
State-Owned Enterprises Amendment Act (No 3) 1990
State-Owned Enterprises Amendment Act 1992
An Act to promote improved performance in respect of Government trading activities and, to this end, to—
(a) specify principles governing the operation of State enterprises; and
(b) authorise the formation of companies to carry on certain Government activities and control the ownership thereof; and
(c) establish requirements about the accountability of State enterprises, and the responsibility of Ministers
