What is a Crown owned entity?

What is a Crown owned entity?

A Crown entity is a public body at arm’s-length from Ministers, but still an integral part of the State sector. All Crown entities are governed by the Crown Entities Act and each statutory Crown entity also has its own enabling legislation.

What is a statutory Crown entity NZ?

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.

Is a school a Crown entity?

While the Board of Trustees of each school is a Crown entity in its own right and, as such, has legal obligations, the Ministry of Education (the Ministry) also performs an important role in relation to schools.

Is a council a Crown entity?

The Accreditation Council is a user-funded, autonomous Crown entity established as the national body for accreditation of testing and inspection bodies.

How are Crown entities funded?

Most of the selected Crown entities received funding from the Crown through appropriations that the relevant monitoring department administered. Crown entities are usually able to make a budget bid for an increase in funding to carry out additional activities or for capital expenditure.

What do Crown Agents do?

We manage large programmes and projects to accelerate self-sufficiency and prosperity around the world. Crown Agents is the not-for-profit international development company that works in partnership with our clients to design and implement practical solutions to their needs.

Is NZ Post a crown entity?

Becoming a State-Owned Enterprise Each company was set up as a State-Owned Enterprise (SOE) and was expected to operate as a commercial entity. required New Zealand Post to operate as a successful business and to be: as profitable and efficient as comparable businesses not owned by the Crown.

What is the name of the Crown entity that is responsible for regulating the HSW Act?

Chapter 1: Relevant legislation Every District Health Board (DHB) is a Crown Agent for the purposes of the Crown Entities Act 2004 (CE Act). State Sector Act 1988. Public Finance Act 1989.

Is the crown a legal person?

The Crown also represents the legal embodiment of executive, legislative, and judicial governance. While the Crown’s legal personality is usually regarded as a corporation sole, it can, at least for some purposes, be described as a corporation aggregate headed by the monarch.

Who owns the Crown NZ?

Public sector land makes up 19.12 per cent of the city, and the most of the Crown’s share of that land is held in the name of the Queen. In other words, “the Queen” – as in the Queen in person – doesn’t own the land at all, it’s owned by this thing called “the Crown” which is the government.

Who owns New Zealand Post?

the NZ Government
New Zealand Post is a company with over 170 years of history. Since 1987, it has operated as a State Owned Enterprise (SOE) with the NZ Government as the 100% shareholder.

What is Pcbu in health and safety?

A person conducting a business or undertaking ( PCBU ) has a primary duty of care to ensure the health and safety of workers while they are at work in the business or undertaking and others who may be affected by the carrying out of work, such as visitors.

How are Crown entities governed under the Act?

All Crown entities are governed by the Crown Entities Act and each statutory Crown entity also has its own enabling legislation. The Crown entity board’s role includes: operating in accordance with the Crown Entities Act and its own legislation monitoring and reporting on its performance

Can a Crown entity subsidiary be a company?

Despite section 5 (3) of the Companies Act 1993, a Crown entity subsidiary must be a company incorporated under that Act. The words in brackets in subsection (1) about the effect of the different types of statutory entities are intended only as a guide.

What does it mean to be a Crown Agent?

Crown agents (which must give effect to government policy when directed by the responsible Minister). These are named in Part 1 of Schedule 1 Autonomous Crown entities (which must have regard to government policy when directed by the responsible Minister). These are named in Part 2 of Schedule 1

When was the Crown health financing agency repealed?

Schedule 1 Part 1 Crown Health Financing Agency: repealed, on 1 July 2012, by section 34 of the New Zealand Public Health and Disability Amendment Act 2012 (2012 No 41). Schedule 1 Part 1 Education New Zealand: inserted, on 30 August 2011, by section 47 (3) of the Education Amendment Act 2011 (2011 No 66).

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