Version as at 1 July 2024 Crown Entities Act 2004 Part 1 s 10 (c) in relation to a Crown entity subsidiary, the entity’s Act of its parent Crown entity; and (d) in relation to a school board or a tertiary education institution, the Edu‐ cation and Training Act 2020 excluded act or omission, for the purposes of sections 120 to 126, has the meaning set out in section 126 fees framework means the framework determined by the Government from time to time for the classification and remuneration of statutory and other bodies in which the Crown has an interest, including statutory entities and their subsidiaries and tertiary education institutions financial year has the meaning set out in section 136 function,— (a) in relation to a statutory entity, has the meaning set out in section 14: (b) in relation to any other Crown entity— (i) means a function (by whatever name called) to be performed by the Crown entity under the entity’s Act or another Act; and (ii) includes any additional function given to the entity by a Minister under another Act in accordance with section 112 of this Act; and (iii) includes, in relation to a Crown entity company or a Crown entity subsidiary, its rights, powers, duties, and obligations under its con‐ stitution and the Companies Act 1993 or any functions given to it by a Minister under its constitution in accordance with section 112 of this Act; and (iv) includes, in relation to a Crown entity that does not have an entity’s Act, any functions provided for in its statement of intent; and (v) includes any functions that are incidental and related to, or conse‐ quential on, its functions in subparagraphs (i) to (iv) generally accepted accounting practice has the meaning set out in section 136 independent Crown entity means a statutory entity named in Part 3 of Sched‐ ule 1 interested or interests has the meaning set out in section 62 member— (a) means, in relation to a statutory entity that has a board or other govern‐ ing body under the entity’s Act, a person who occupies the position of member of the board of the entity (by whatever name called); and 17

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