Television New Zealand Act 2003

Part 4
Ministers and editorial independence

27 Powers of shareholding Ministers
  • (1) The shareholding Ministers may, by written notice to the TVNZ board, determine the amount of dividend to be paid by TVNZ to the Crown in respect of any financial year or years.

    (2) [Repealed]

    (3) Before giving any notice under subsection (1), the shareholding Ministers must have regard to the functions of TVNZ, and section 115 of the Crown Entities Act 2004 applies.

    Section 27(1): substituted, on 23 July 2011, by section 8(1) of the Television New Zealand Amendment Act 2011 (2011 No 52).

    Section 27(2): repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).

    Section 27(3): amended, on 23 July 2011, by section 8(2) of the Television New Zealand Amendment Act 2011 (2011 No 52).

    Section 27(3): amended, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).