64B Statement of expectations

(1)

The shareholders in a council-controlled organisation may prepare a statement of expectations that—

(a)

specifies how the organisation is to conduct its relationships with—

(i)

shareholding local authorities; and

(ii)

the communities of those local authorities, including any specified stakeholders within those communities; and

(iii)

iwi, hapū, and other Māori organisations; and

(b)

requires the organisation to act consistently with—

(i)

the statutory obligations of the shareholding local authorities; and

(ii)

the shareholders’ obligations pursuant to agreements with third parties (including with iwi, hapū, or other Māori organisations).

(2)

A statement of expectations may include other shareholder expectations, such as expectations in relation to community engagement and collaboration with shareholders and others in the delivery of services.

(3)

A statement of expectations must be published on an Internet site maintained by or on behalf of each local authority that is a shareholder of the organisation.

Section 64B: inserted, on 22 October 2019, by section 23 of the Local Government Act 2002 Amendment Act 2019 (2019 No 54).