A Crown entity (from the Commonwealth term ''

Crown A crown is a traditional form of head adornment, or hat, worn by monarchs as a symbol of their power and dignity. A crown is often, by extension, a symbol of the monarch's government or items endorsed by it. The word itself is used, partic ...

'') is an organisation that forms part of

New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...

's state sector established under the Crown Entities Act 2004, a unique umbrella governance and accountability statute. The Crown Entities Act is based on the corporate model where the governance of the organisation is split from the management of the organisation.

Subtypes of crown entities

Crown entities come under the following subtypes: * Statutory entities — bodies corporate established under an Act ** Crown agents — organisations that give effect to government policy, such as the

Accident Compensation Corporation The Accident Compensation Corporation (ACC) ( mi, Te Kaporeihana Āwhina Hunga Whara) is the New Zealand Crown entity responsible for administering the country's no-fault accidental injury compensation scheme, commonly referred to as the ACC sch ...

, which administers no-fault workers compensation ** Autonomous Crown entities (ACE), which must have regard to government policy, such as

Te Papa The Museum of New Zealand Te Papa Tongarewa is New Zealand's national museum and is located in Wellington. ''Te Papa Tongarewa'' translates literally to "container of treasures" or in full "container of treasured things and people that spring f ...

, the national museum ** Independent Crown entities (ICE), which are generally independent of government policy, such as the

Commerce Commission The Commerce Commission ( mi, Te Komihana Tauhokohoko) is a New Zealand government agency with responsibility for enforcing legislation that relates to competition in the country's markets, fair trading and consumer credit contracts, and regul ...

, which enforces legislation promoting competition * Crown entity companies — registered companies wholly owned by the Crown, including

Crown Research Institute In New Zealand, Crown Research Institutes (CRIs) are corporatised Crown entities charged with conducting scientific research. Crown Research Institutes date from 1992, with most formed out of parts of the former Department of Scientific and Indus ...

s (CRIs) and a small number of other companies * Crown entity subsidiaries — companies that are subsidiaries of Crown entities * School boards of trustees * Tertiary education institutions, including universities, colleges of education, polytechnics, and wānanga Crown entities can be contrasted with other New Zealand public sector organisational forms: Departments of State, State-Owned Enterprises, Offices of Parliament and '' sui generis'' organisations like the

Reserve Bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central ba ...

Crown entities, responsible ministers and monitoring departments

Under the Crown Entities Act,

ministers Minister may refer to: * Minister (Christianity), a Christian cleric ** Minister (Catholic Church) * Minister (government), a member of government who heads a ministry (government department) ** Minister without portfolio, a member of governme ...

are required to "oversee and manage" the Crown's interests in the Crown entities within their portfolio (sections 27 and 88). The board of the entity has the key role in ensuring the entity is achieving results within budget. This is done by a monitoring department on behalf of the minister unless other arrangements for monitoring are made. Monitoring departments make explicit agreements with their minister, setting out what monitoring they will undertake and how they will do it. Crown entity boards should also facilitate clear and transparent monitoring, for example, by providing the minister and monitoring department with good information on which to make judgements about performance. This table is based on one from the State Services Commission.A list of Ministers responsible for Crown entities
, State Services Commission Abbreviations used ACE = autonomous Crown entity CCMAU = Crown Company Monitoring Advisory Unit CEC = Crown entity company CRIs = Crown research institutes (all CECs) ICE = independent Crown entity TPK = Te Puni Kokiri (Ministry of Maori Development) MoRST = Ministry of Research, Science and Technology TEIs = tertiary education institutions School BoTs = school boards of trustees

References

External links

* * * {{DEFAULTSORT:Crown Entity Crown

Subtypes of crown entities

Crown entities, responsible ministers and monitoring departments

See also

References

External links