Version as at 1 July 2024 Crown Entities Act 2004 Part 4 s 141 Section 139B: inserted, on 1 July 2014, by section 49 of the Crown Entities Amendment Act 2013 (2013 No 51). Section 139B(4)(c): amended, on 17 December 2016, by section 41 of the Statutes Amendment Act 2016 (2016 No 104). 139C Responsible Minister may grant extension of time for requirement to provide statement of intent: COVID-19 [Repealed] Section 139C: repealed, on 1 October 2020, by section 139C(4). 140 Statement of intent for newly established Crown entities (1) As soon as practicable after a Crown entity is established, the Crown entity must comply with section 139 as if it were the start of the financial year. (2) [Repealed] (3) The responsible Minister may give directions to the Crown entity on any matters referred to in section 141(1) and (2)(a), (b), (d), and (e) at any time before the Crown entity’s statement of intent is in force under section 144. (4) The directions apply as if they were the Crown entity’s statement of intent, until the Crown entity’s statement of intent is in force. (5) Sections 113, 114, and 115 apply to the directions. (6) [Repealed] Section 140(2): repealed, on 1 July 2014, by section 50(1) of the Crown Entities Amendment Act 2013 (2013 No 51). Section 140(3): amended, on 1 July 2014, by section 50(2) of the Crown Entities Amendment Act 2013 (2013 No 51). Section 140(6): repealed, on 1 July 2014, by section 50(3) of the Crown Entities Amendment Act 2013 (2013 No 51). 141 Content of statement of intent (1) A statement of intent must, for the period to which it relates, set out the strategic objectives that the entity intends to achieve or contribute to (strategic intentions). (2) A statement of intent must also, for the period to which it relates,— (a) explain the nature and scope of the entity’s functions and intended oper‐ ations: (b) explain how the entity intends to manage its functions and operations to meet its strategic intentions: (c) explain how the entity proposes to manage its organisational health and capability: (d) explain how the entity proposes to assess its performance: (e) identify any process to be followed for the purpose of section 100: (f) set out and explain any other matters— 69