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StatuteInjury Prevention, Rehabilitation, and Compensation Act 2001

Section 272 — Injury Prevention, Rehabilitation, and Compensation Act 2001: Statement of intent

Text of the provision Official document

272 Statement of intent (1) The Corporation must prepare a statement of intent in accordance with this section and Part 4 of the Crown Entities Act 2004 . (2) In addition to the matters set out in sections 141 and 142 of the Crown Entities Act 2004 , the statement of intent must set out— (a) matters relating to the relationship between the Corporation and any Crown entity subsidiary: (b) matters relating to the nature and extent of the use of other providers of services (including providers that are Crown entity subsidiaries): (c) the extent to which the Corporation may form and register Crown entity subsidiaries: (d) matters relating to the allocation of any returns generated by any Crown entity subsidiary: (e) assumptions to be relied on by the Corporation in relation to assessing the cost of capital: (f) matters relating to the provision of services by the Corporation (including provision through its Crown entity subsidiaries on a commercial basis), including pricing information, forecasts of revenue and expenditure, and how the revenue and expenditure will be allocated among the Accounts: (g) the Corporation's functions and duties in relation to the management of each Account: (h) procedures, conditions, restrictions, or other provisions to be complied with by the Corporation in the performance of functions or duties in relation to the management of each Account: (i) the Corporation's investment statement, being a statement of policies, standards, and procedures that must include a statement relating to ethical investment for avoiding prejudice to New Zealand's reputation as a responsible member of the world community: (j) any other matters contemplated by any other provision of this Act. Compare: 1998 No 114 s 341 Subsection (1) was amended, as from 25 January 2005, by section 200 Crown Entities Act 2004 (2004 No 115) by substituting the words “ Part 4 of the Crown Entities Act 2004 ” for the words “ Part 5 of the Public Finance Act 1989 ” . Subsection (2) was amended, as from 25 January 2005, by section 200 Crown Entities Act 2004 (2004 No 115) by substituting the words “ sections 141 and 142 of the Crown Entities Act 2004 ” for the words “ section 41D of the Public Finance Act 1989 ” . Subsection (2)(a) was amended, as from 25 January 2005, by section 200 Crown Entities Act 2004 (2004 No 115) by substituting the words “ Crown entity subsidiary ” for the words “ subsidiary company ” . Subsection (2)(b) was amended, as from 25 January 2005, by section 200 Crown Entities Act 2004 (2004 No 115) by inserting the words “ Crown entity ” before the word “ subsidiaries ” . Subsection (2)(c) was amended, as from 25 January 2005, by section 200 Crown Entities Act 2004 (2004 No 115) by substituting the words “ Crown entity subsidiaries ” for the words “ subsidiary companies ” . Subsection (2)(d) was amended, as from 25 January 2005, by section 200 Crown Entities Act 2004 (2004 No 115) by inserting the words “ Crown entity ” before the word “ subsidiary ” . Subsection (2)(f) was amended, as from 25 January 2005, by section 200 Crown Entities Act 2004 (2004 No 115) by inserting the words “ Crown entity ” before the word “ subsidiaries ” .

Official source: legislation.govt.nz

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