Crown Entity/Statutory Board Monitoring
The Ministry will provide advice to support government in its role as "purchaser" and/or "owner" of a number of Crown entities and statutory boards. This includes advice to government on appointments, roles and functions, and on the overall contribution of each organisation to the government's policy objectives.
These organisations are directly accountable to Ministers for their performance in supplying agreed output classes. They are funded through a mix of Crown and third party revenue. The Ministry of Economic Development administers non-departmental appropriations to particular Crown entities through Votes administered by the Ministry.
Service Performance
Generic quantity, quality and timeliness performance measures for all policy advice, Ministerial services and briefings supplied by the Ministry of Economic Development are detailed in the Ministry of Economic Development's Quality Standards for Policy Advice and Ministerial Servicing.
Crown Entities to Be Monitored in 2005/2006
Vote Economic, Industry and Regional Development:
- New Zealand Trade and Enterprise
Vote Commerce:
- Accounting Standards Review Board
- Commerce Commission
- Securities Commission
- Takeovers Panel
- Standards Council
- Testing Laboratory Registration Council.
Vote Energy:
Vote Tourism:
- New Zealand Tourism Board
Monitoring and reporting to the Minister on the financial and non-financial performance of Crown entities will be provided within agreed timelines, as reflected through:
- the Statement of Intent (annually);
- the Memorandum of Understanding (annually);
- the Output Agreement (annually);
- the Annual Report (annually); and
- other reporting as required.
In addition, the Ministry will provide advice on the policy framework and resourcing of and appointments to the statutory bodies listed below.
- Chartered Professional Engineers Council
- Copyright Tribunal
- Engineers' Registration Board
- Engineering Associates' Registration Board
- Joint Accreditation System - Australia New Zealand
- New Zealand Māori Arts and Crafts Institute
- Temporary Safeguard Authority
Cost
These activities form part of Output Class D1 in each of Vote Economic, Industry and Regional Development; Vote Commerce; Vote Energy; and Vote Tourism.
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