New Zealand Legislation: Acts

8 Meaning of parent Crown entity and Crown entity subsidiary

• (1) 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 under the definition of Crown entity subsidiaries in column 2 of section 7(1)(c).

  (2) A Crown entity (B) is a Crown entity subsidiary of another Crown entity (A) if B is a subsidiary of A under the definition of Crown entity subsidiaries in column 2 of section 7(1)(c).