Part 1 s 8 Crown Entities Act 2004 Version as at 1 July 2024 Example Crown entities A, B, and C each own 20% of the issued shares of Company Limited. The remaining issued shares of Company Limited are not owned by Crown entities. Because Crown entities A, B, and C collectively own more than half of the issued shares of Company Limited (see section 5(1)(a)(iii) of the Companies Act 1993), Company Limited is a multi-parent subsidiary. Section 7A: inserted, on 18 July 2013, by section 5 of the Crown Entities Amendment Act 2013 (2013 No 51). 8 Meaning of parent Crown entity A Crown entity (A) is a parent Crown entity or parent of another Crown entity (B) if— (a) A is a statutory entity or Crown entity company or school board or tertiary education institution; and (b) B is a subsidiary of A, or a multi-parent subsidiary of A and 1 or more other Crown entities, under the definition of Crown entity subsidiaries in the second column of section 7(1)(c). Section 8: replaced, on 18 July 2013, by section 6 of the Crown Entities Amendment Act 2013 (2013 No 51). Section 8(a): amended, on 1 August 2020, by section 668 of the Education and Training Act 2020 (2020 No 38). 9 Power to amend Schedules 1 and 2 (1) The Governor-General may, by Order in Council, amend Schedule 1 or Sched‐ ule 2 to— 14 (a) add to Schedule 1 the name of an entity established by or under an Act of Parliament: (b) add to Schedule 2 the name of a Crown entity company: (c) omit the name of a Crown agent from Part 1 of Schedule 1 and add that name to another Part of that schedule: (d) omit the name of an autonomous Crown entity from Part 2 of Schedule 1 and add that name to Part 3 of that schedule: (e) omit the name of an entity or company and substitute another name in recognition of a change in the entity’s or company’s name: (f) omit the name of an entity or company in recognition of the entity’s dissolution or the company’s removal from the register under the Com‐ panies Act 1993: (g) remove the exemption for an entity or company from all or any of sections 161, 162, 163, and 164 of this Act: (h) exempt an entity or company from all or any of sections 161, 162, 163, 164, and 165 of this Act.

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