139 Obligation to prepare statement of intent

(1)

A Crown entity must provide to its responsible Minister a statement of intent for the Crown entity that complies with this section and section 141.

(2)

A statement of intent must relate to the forthcoming financial year and at least the following 3 financial years.

(3)

The Crown entity must provide a statement of intent at least once in every 3-year period.

(4)

This section applies unless the Crown entity is exempted from the requirements of this section by or under this or another Act.

Section 139: replaced, on 1 July 2014, by section 49 of the Crown Entities Amendment Act 2013 (2013 No 51).