Public Finance (Ōtākaro Limited) Order 2016

2016/37

Coat of Arms of New Zealand

Public Finance (Ōtākaro Limited) Order 2016

Jerry Mateparae, Governor-General

Order in Council

At Wellington this 29th day of February 2016

Present:
The Right Hon John Key presiding in Council

This order is made under section 3AB of the Public Finance Act 1989 on the advice and with the consent of the Executive Council and on the recommendation of the Minister of Finance.

Order

1 Title

This order is the Public Finance (Ōtākaro Limited) Order 2016.

2 Commencement

This order comes into force on the day after the date of its notification in the Gazette.

3 Schedule 4A of Public Finance Act 1989 amended

In the Public Finance Act 1989, Schedule 4A, insert in its appropriate alphabetical order the item set out in the Schedule of this order.

Schedule New item inserted in Schedule 4A of Public Finance Act 1989

cl 3

CompanySections of Crown Entities Act 2004 (relating to financial powers)
161162163164165
Ōtākaro Limited

Michael Webster,
Clerk of the Executive Council.

Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order, which comes into force on the day after the date of its notification in the Gazette, inserts the name Ōtākaro Limited into Schedule 4A of the Public Finance Act 1989. Adding Ōtākaro Limited to Schedule 4A means that, under section 45OA of the Public Finance Act 1989, certain provisions of the Crown Entities Act 2004 apply to the company as if it were a Crown entity company under the Crown Entities Act 2004.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 3 March 2016.

This order is administered by the Treasury.