45O Special provisions relating to Reserves Boards

(1)

Despite section 45M(1A), section 150(3) and (4) of the Crown Entities Act 2004 does not apply to a Reserves Board (as defined by section 2 of the Reserves Act 1977) and accordingly, the Minister of Conservation is not required to present the annual financial statements of a Reserves Board to the House of Representatives.

(2)

The Minister of Conservation must, in each year, send to each member of Parliament copies of the annual financial statements of a Reserves Board that manages a reserve in the member’s electoral district.

(3)

The copies must be sent not later than 1 month after the date on which an audit report is provided by the Auditor-General on those financial statements.

(4)

The chief executive of the Department of Conservation must ensure that information about the financial performance of Reserves Boards is, in each year, included in the annual report of the Department of Conservation.

Section 45O: inserted, on 25 January 2005, by section 16 of the Public Finance Amendment Act 2004 (2004 No 113).

Section 45O(1): amended, on 24 October 2019, by section 116 of the Statutes Amendment Act 2019 (2019 No 56).