Part 4 s 139A (4) Crown Entities Act 2004 Version as at 1 July 2024 This section applies unless the Crown entity is exempted from the requirements of this section by or under this or another Act. Section 139: replaced, on 1 July 2014, by section 49 of the Crown Entities Amendment Act 2013 (2013 No 51). 139A Minister may require Crown entity to prepare new statement of intent at any time (1) A Crown entity’s responsible Minister may, if the Minister considers it neces‐ sary or desirable, require the Crown entity to provide a new statement of intent at any time. (2) A statement of intent provided under this section must comply with sections 139 and 141. (3) Despite section 139(2), the Minister may require the new statement of intent to relate to the remainder of the current financial year in addition to the forthcoming financial year and at least the following 3 financial years. Section 139A: inserted, on 1 July 2014, by section 49 of the Crown Entities Amendment Act 2013 (2013 No 51). 139B Minister may grant extension of time for, or waive, requirement to provide statement of intent (1) If a Crown entity is likely to have a significant change in the nature or scope of its functions, the responsible Minister may grant the Crown entity an extension, of up to 1 year, of the period specified in section 139(3). (2) However, the responsible Minister must not grant an extension unless he or she is satisfied that the extension will enable the entity to improve the quality of the statement of intent that it provides. (3) If a Crown entity is likely to be disestablished or, in the case of a Crown entity company, removed from the register under the Companies Act 1993, the responsible Minister may grant the entity a waiver of the requirements in section 139. (4) If the responsible Minister grants an extension or a waiver under this section,— 68 (a) the responsible Minister must, as soon as practicable after granting the extension or waiver, notify the Crown entity of the extension or waiver and the Minister’s reasons for granting it; and (b) the Crown entity must, as soon as practicable after receiving notice under paragraph (a), publish notice of the extension or waiver, and the Minister’s reasons for granting it, on an Internet site maintained by or on behalf of the Crown entity; and (c) the Crown entity must include, in the next annual report that it provides to its responsible Minister for presentation to the House of Representa‐ tives under section 150, a statement of the extension or waiver and the Minister’s reasons for granting it.