This Act is administered in the Treasury.
Title
1 Short Title and commencement
2 Interpretation
3 Act to bind the Crown
Part 1Principles
4 Purpose of Crown Research Institutes
5 Principles of operation
6 Ministers and their role
7 Directors and their role
8 Appointment of chief executives [Repealed]
9 Collective agreements
10 Treaty of Waitangi
Part 2Formation and ownership of Crown Research Institutes
10A Application of Crown Entities Act 2004 to Crown Research Institutes
11 Establishment of Crown Research Institutes
12 Provisions relating to Crown entity subsidiaries of Crown Research Institutes
13 Acquisition of shares or interests in companies, trusts, and partnerships
14 Further provisions relating to Ministers' shareholding [Repealed]
15 Powers of shareholding Ministers
Part 3Accountability
16 Statement of corporate intent
17 Annual report, accounts, and dividend
18 Half-yearly reports
19 Information to be laid before House of Representatives
20 Other information
21 Auditor-General to be auditor of Crown Research Institutes and subsidiaries
22 Protection from disclosure of sensitive information
Part 4Transfer of assets to Crown Research Institutes
23 Interpretation relating to transfer of assets and liabilities
24 Transfer of Crown assets and liabilities to Crown Research Institutes
25 Assets relating to land and interests in land may be transferred separately
26 Further provisions relating to transfer of assets and liabilities
27 Crown may continue to take benefit of provisions relating to compensation or liability
28 Transfer of assets where certain terms and conditions prescribed by statute
29 Provisions relating to transfer of land
30 Modification of provisions of Public Works Act 1981
31 Obligation to lodge caveat
32 Transfer of land not to constitute a subdivision or development
33 Land Settlement Promotion and Land Acquisition Act 1952 not to apply
34 Uses deemed to be permitted activity [Repealed]
35 Title to land
36 Land certification
37 Certification of easements
38 Orders in Council relating to transfer of assets and liabilities
39 Transfer of employees
40 Protection of conditions of employment upon transfer
41 Employment of transferred employees deemed to be continuous
Part 5Miscellaneous provisions
42 Saving of certain transactions
43 Prime Minister may give directions to Crown Research Institutes
44 Compensation may be paid to Crown Research Institutes
45 Archives Act 1957 to apply [Repealed]
46 Amendments and repeal
47 Amendments to Scientific and Industrial Research Act 1974 [Repealed]
48 Repeal of Scientific and Industrial Research Act 1974
49 Amendments to Fertilisers Act 1982
Schedule 1Enactments amended
Schedule 2Enactments repealed
An Act to provide for the formation of Crown-owned companies to undertake scientific research and other related activities, and to provide for matters incidental thereto
BE IT ENACTED by the Parliament of New Zealand as follows: