New Zealand Legislation: Acts

65ZC Guarantee or indemnity by the Crown must not be given except under statute

• Except as expressly authorised by any Act, it is not lawful for any person to give a guarantee or indemnity on behalf of or in the name of the Crown.

  Section 65ZC: inserted, on 25 January 2005, by section 16 of the Public Finance Amendment Act 2004 (2004 No 113).