8 Meaning of parent Crown entity

A Crown entity (A) is a parent Crown entity or parent of another Crown entity (B) if—

(a)

A is a statutory entity or Crown entity company or school board of trustees or tertiary education institution; and

(b)

B is a subsidiary of A, or a multi-parent subsidiary of A and 1 or more other Crown entities, under the definition of Crown entity subsidiaries in the second column of section 7(1)(c).

Section 8: replaced, on 18 July 2013, by section 6 of the Crown Entities Amendment Act 2013 (2013 No 51).