Version as at 1 July 2024 (d) Crown Entities Act 2004 school boards: What are they? These are boards that are bodies corporate constituted under the Education and Training Act 2020 (including distance schools) (e) Part 1 s 7A Definition A body that is a board constituted under subpart 5 of Part 3 of the Education and Training Act 2020 and includes a board of a school designated as a dis‐ tance school by the Minister of Educa‐ tion under section 196 of that Act tertiary education institutions: What are they? These are tertiary institutions (for example, universities, Te Pūkenga—New Zealand Institute of Skills and Technology, or wānanga) that are bodies corporate estab‐ lished or continued under the Education and Training Act 2020 Definition An institution established or continued under subparts 3 or 4 of Part 4 of the Education and Training Act 2020, excluding an institution that is a wānanga that is not a Crown entity (1A) Despite section 5(3) of the Companies Act 1993, a Crown entity subsidiary must be a company incorporated under that Act. (2) The words in brackets in subsection (1) about the effect of the different types of statutory entities are intended only as a guide. Section 7(1)(c): amended, on 18 July 2013, by section 4(1) of the Crown Entities Amendment Act 2013 (2013 No 51). Section 7(1)(d): replaced, on 1 August 2020, by section 668 of the Education and Training Act 2020 (2020 No 38). Section 7(1)(e): replaced, on 1 August 2020, by section 668 of the Education and Training Act 2020 (2020 No 38). Section 7(1)(e): amended, on 23 August 2023, by section 41 of the Education and Training Amend‐ ment Act 2023 (2023 No 45). Section 7(1)(e): amended, on 25 September 2020, by clause 4(2) of the Education (Name Change for NZIST) Order 2020 (LI 2020/260). Section 7(1A): inserted, on 18 July 2013, by section 4(2) of the Crown Entities Amendment Act 2013 (2013 No 51). 7A Meaning of multi-parent subsidiary (1) A company is a multi-parent subsidiary if, under sections 5 to 8 of the Companies Act 1993,— (2) (a) the company is not a subsidiary of any one Crown entity; but (b) if 2 or more Crown entities were treated as 1 entity (a combined entity), with their rights, entitlements, and interests in relation to the company taken together, the company would be a subsidiary of the combined entity. Despite section 5(3) of the Companies Act 1993, a multi-parent subsidiary must be a company incorporated under that Act. 13