64B Statement of expectations


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


specifies how the organisation is to conduct its relationships with—


shareholding local authorities; and


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


iwi, hapū, and other Māori organisations; and


requires the organisation to act consistently with—


the statutory obligations of the shareholding local authorities; and


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


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.


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).