New Zealand Legislation: Acts

150 Obligation to prepare, present, and publish annual report

• (1) A Crown entity must—

  • (a) at the end of each financial year, prepare a report on the affairs of the Crown entity; and

  • (b) provide the report to its responsible Minister no later than 15 working days after receiving the audit report provided under section 156.

  (2) However, in the case of a Crown entity group,—

  • (a) the parent Crown entity must prepare an annual report on the affairs of the Crown entity group; and

  • (b) no other member of the Crown entity group needs to prepare an annual report.

  (3) A responsible Minister of a Crown entity must present the entity's annual report to the House of Representatives within 5 working days after receiving the annual report or, if Parliament is not in session, as soon as possible after the commencement of the next session of Parliament.

  (4) A Crown entity must publish its annual report as soon as practicable after it has been presented to the House of Representatives, but in any case not later than 10 working days after the annual report is received by the Minister, in a manner consistent with any instructions given under section 174.

  Compare: 1989 No 44 s 41I