Version as at 1 July 2024 Crown Entities Act 2004 Subpart 3—Crown entity subsidiaries Formation and shareholding of Crown entity subsidiaries 96 97 98 99 100 101 102 Acquisition of subsidiaries Subsidiaries: rules applying to all Crown entities Subsidiaries: rules applying only to statutory entities Application to multi-parent subsidiaries Acquisition of shares or interests in companies, trusts, and partnerships, etc Corporation sole may not acquire interests in bodies corporate Interface with Companies Act 1993 and other Acts 48 48 49 50 50 50 50 Part 3 Operation of Crown entities Subpart 1—Provisions applying generally to Crown entities Directions to statutory entities and Crown entity companies 103 104 105 106 107 108 109 110 111 112 113 Power to direct Crown agents to give effect to government policy Power to direct autonomous Crown entities to have regard to government policy No power to direct independent Crown entities or Crown entity companies on government policy unless provided in another Act Directions to members and office holders of entities Directions to support whole of government approach Process for giving directions under section 107 House of Representatives may resolve to disapply direction under section 107 Obligation to give effect to direction Publication of direction under section 107 Power to add functions if authorised by entity’s Act or constitution Safeguarding independence of Crown entities 51 51 51 52 52 53 53 53 54 54 54 Government directions to Crown entities [Repealed] 114 115 115A Crown entities must comply with directions given under statutory power of direction Procedure for ministerial directions on government policy Review and expiry of all directions 55 55 56 Employees 116 117 118 119 Employment of employees Employment of chief executive Crown entity to be good employer Application of clauses 12 to 14 of Schedule 8 of the Public Service Act 2020 56 57 58 59 5