Crown Entities Amendment Act 2013

Crown Entities Amendment Act 2013

Public Act2013 No 51
Date of assent17 July 2013
Commencementsee section 2

Contents

1 Title

2 Commencement

3 Principal Act

Part 1
Amendments coming into force on day after date of Royal assent

4 Section 7 amended (Meaning of Crown entity and categories of Crown entities)

5 New section 7A inserted (Meaning of multi-parent subsidiary)

6 Section 8 replaced (Meaning of parent Crown entity and Crown entity subsidiary)

7 Section 10 amended (Interpretation)

8 New sections 10A and 10B inserted

9 Section 27 amended (Responsible Minister's role)

10 New section 27A and cross-heading inserted

11 Section 50 replaced (Functions must be performed efficiently, effectively, and consistently with spirit of service to public)

12 Section 62 amended (When interests must be disclosed)

13 Section 64 amended (Who disclosure of interests must be made to)

14 Section 68 amended (Permission to act despite being interested in matter)

15 Section 78 amended (Board procedure)

16 Section 88 amended (Shareholding Ministers' role)

17 New section 88A and cross-heading inserted

18 Section 97 amended (Subsidiaries: rules applying to all Crown entities)

19 Section 98 amended (Subsidiaries: rules applying only to statutory entities)

20 Cross-heading above section 103 amended

21 Section 107 amended (Whole of government directions)

22 Section 108 amended (Process for giving whole of government directions)

23 Section 109 amended (House of Representatives may resolve to disapply whole of government direction)

24 Section 110 amended (Obligation to give effect to direction)

25 Section 111 amended (Publication of whole of government direction)

26 Section 113 amended (Safeguarding independence of Crown entities)

27 Cross-heading above section 114 repealed

28 Section 114 amended (Crown entities must comply with directions given under statutory power of direction)

29 Section 115 amended (Procedure for all Ministerial directions)

30 New section 115A inserted (Review and expiry of all directions)

31 Section 122 replaced (Indemnities in relation to excluded act or omission)

32 Section 127 amended (Method of contracting)

33 Section 133 amended (Power to request information)

34 Section 135 amended (Members, office holders, and employees are officials)

35 Section 148 amended (Amendments to statement of intent by Crown entity)

36 Section 150 amended (Obligation to prepare, present, and publish annual report)

37 Section 151 amended (Form and content of annual report)

38 New section 199A inserted (Application, savings, and transitional provisions relating to amendments to Act)

39 New Schedule 1AAA inserted

40 Schedule 3 amended

41 Schedule 5 amended

42 Consequential amendments arising from amendments to Crown Entities Act 2004 made by this Part

Part 2
Amendments coming into force on 1 July 2014

43 Section 27 amended (Responsible Minister's role)

44 Section 49 amended (Entity must act consistently with objectives, functions, statement of intent, and output agreement)

45 Section 88 amended (Shareholding Ministers' role)

46 Section 92 amended (Duty to act consistently with objectives, functions, statement of intent, and output agreement)

47 Section 136 amended (Interpretation for this Part)

48 Section 138 amended (Purpose of statement of intent)

49 Section 139 replaced (Obligation to prepare statement of intent)

50 Section 140 amended (Statement of intent for newly established Crown entities)

51 Section 141 replaced (Content of statement of intent)

52 Sections 142 and 143 repealed

53 Section 144 amended (Application and term of statement of intent)

54 Section 145 amended (Ministerial involvement in statements of intent)

55 Section 146 amended (Process for providing statement of intent to responsible Minister)

56 Section 147 amended (Amendments to statement of intent by responsible Minister)

57 Section 148 amended (Amendments to statement of intent by Crown entity)

58 Section 149 replaced (Obligation to present and publish statement of intent)

59 Section 150 amended (Obligation to prepare, present, and publish annual report)

60 New section 150A inserted (Special annual reporting requirements)

61 Section 151 amended (Form and content of annual report)

62 Section 152 amended (Disclosure of payments in respect of members, committee members, and employees)

63 Section 153 replaced (Form and content of statement of service performance)

64 Section 154 amended (Annual financial statements)

65 Section 155 amended (Statement of responsibility)

66 Section 156 replaced (Audit report)

67 New sections 156A and 156B and cross-heading inserted

68 Section 157 replaced and cross-heading inserted

69 Section 163 amended (Restrictions on giving of guarantees and indemnities)

70 Section 170 replaced (Power to require output agreement)

71 Schedule 1 amended

72 Consequential amendments arising from amendments to Crown Entities Act 2004 made by this Part

Schedule 1
New Schedule 1AAA inserted into principal Act

Schedule 2
Consequential amendments arising from amendments to principal Act that come into force on day after Royal assent

Schedule 3
Consequential amendments arising from amendments to principal Act that come into force on 1 July 2014

Legislative history


The Parliament of New Zealand enacts as follows: