A Crown entity (from the Commonwealth term ''
Crown'') 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 List of islands of New Zealand, smaller islands. It is the ...
's
state sector established under the
Crown Entities Act 2004
In New Zealand, the Crown Entities Act 2004 is a statute which provides the framework for the establishment, governance, and operation of Crown entities
A Crown entity (from the Commonwealth term '' Crown'') is an organisation that forms part ...
, 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, which administers no-fault workers compensation
** Autonomous Crown entities (ACE), which must have regard to government policy, such as
Te Papa, the national museum
** Independent Crown entities (ICE), which are generally independent of government policy, such as the
Commerce Commission, which enforces legislation promoting competition
* Crown entity companies — registered companies wholly owned by the Crown, including
Crown Research Institutes (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
The United States federal executive departments are the principal units of the executive branch of the federal government of the United States. They are analogous to ministries common in parliamentary or semi-presidential systems but (the Unit ...
,
State-Owne