70% of their revenue came from the government, but some had other sources of income. Approx 2,416 (including Te Aho o Te Kura Pounamu – The Correspondence School) In the wider State sector Tertiary Education Institutions. Section 107(1): replaced, on 18 July 2013, by section 21(2) of the Crown Entities Amendment Act 2013 (2013 No 51). External links. Other Crown Entity Subsidiaries. The Crown Entities Act is based on the corporate model where the governance of the organisation is split from the management of the organisation. Crown Entities Act. The extent of this control depends on the entity's category and type, and whether it has any statutorily independent functions. The code has been applied to all staff (but not board members) of statutory Crown entities and Crown entity companies, and to board members and staff of some subsidiaries of Crown entities.
2: Pacific Co-operation Foundation. What are Crown entities? In New Zealand, the Crown Entities Act 2004 is a statute which provides the framework for the establishment, governance, and operation of Crown entities; and to clarify accountability relationships between Crown entities, their board members, their responsible Ministers on behalf of the Crown, and the House of Representatives.. Approx 150 Crown entity subsidiaries; School Boards of Trustees. Crown entities include school boards, tertiary education institutions and many other public bodies as defined by the Crown Entities Act 2004. The Crown Entities Act 2004 (CE Act) provides a consistent framework for the establishment, governance and operation of Crown entities. 2020-go3378 Preview. Auckland University of Technology; Lincoln University; Massey University; University of Auckland We monitor Crown Research Institutes, Crown entity companies, statutory entities and Public Finance Act 1989 Schedule 4A non-listed companies. Each part of the Act is introduced with a statement of the important matters under review, and an indication where applicable of ancillary or … A Crown entity (from the Commonwealth term Crown) is an organisation that forms part of New Zealand's state sector established under the Crown Entities Act 2004, a unique umbrella governance and accountability statute.
the Crown Entities Act 2004, not the amending legislation passed in 2013. Section 107 heading: replaced, on 18 July 2013, by section 21(1) of the Crown Entities Amendment Act 2013 (2013 No 51). Departmental. It clarifies the accountability relationships between entities, their board members, responsible Ministers and the House of Representatives. Universities. In 2010 there were 2,607 Crown entities, which spent $32 billion in 2009/10. The Crown Entities Act is based on the corporate model where the governance of the organisation is split from the management of the organisation. Crown entities and statutory boards. (a) to provide for different categories of Crown entities and for each category to have its own framework for governance (including the degree to which the Crown entity is required to give effect to, or be independent of, government policy):(b) to clarify the powers and duties of board members in respect of the governance and operation of Crown entities, including their duty to ensure the financial responsibility of the Crown entity: State-owned enterprises (SOEs) in New Zealand are registered companies listed under Schedules 1 and 2 of the Standards of Integrity and Conduct is the code of conduct issued by the State Services Commissioner under s. 57 of the State Sector Act 1988. (a) to provide for different categories of Crown entities and for each category to have its own framework for governance (including the degree to which the Crown entity is required to give effect to, or be independent of, government policy): This page provides information on these entities and the current members of boards. CRIs are established under the Crown Research Institutes Act 1992, are Crown entity companies under the Crown Entities Act 2004, and are companies subject to the Companies Act 1993. Financial powers provisions for one class of Crown entity – tertiary education institutions – remain under the Education Act 1989. 7 This paper follows the sequence of the CEA. The purpose of this Act is to reform the law relating to Crown entities to provide a consistent framework for the establishment, governance, and operation of Crown entities and to clarify accountability relationships between Crown entities, their board members, their responsible Ministers on behalf of the Crown, and the House of Representatives, and, to that end,—
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