Crown Entities Act 2004 No 115 (as at 16 November 2009), Public Act

Reprint as at 16 November 2009

Crown Entities Act 2004

Public Act2004 No 115
Date of assent21 December 2004
Commencementsee section 2

Note

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 State Services Commission and the Treasury.


Contents

Establishment of statutory entity

Validity of acts

Role and accountability of members

Responsible Minister's role

Appointment, removal, and conditions of members

Remuneration and expenses

Collective duties of board

Individual duties of members

Effect of non-compliance with duties

Reliance on information and advice

Conflict of interest disclosure rules

Delegation

Miscellaneous provisions relating to board

Formation and shareholding of Crown entity companies

Role and accountability of members

Shareholding Ministers' role

Appointment and removal of members

Collective duties of board

Individual duty of members

Formation and shareholding of Crown entity subsidiaries

Directions on government policy to statutory entities and Crown entity companies

Government directions to Crown entities

Employees

Protections from liability of members, office holders, and employees

Dealings with third parties by statutory entities

Planning: Statement of intent

Reporting: Annual report

Bank accounts

Acquisition of securities, borrowing, guarantees, indemnities, and derivative transactions

Miscellaneous

Miscellaneous

Transitional and savings provisions

Amendments to other enactments

Reprint notes