Crown Entity/Statutory Board Monitoring
The Ministry will provide advice to support the government in its role as "purchaser" and/or "owner" of a number of Crown entities and statutory boards. This includes advice to the 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 expenses. 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 Quality Standards for Policy Advice and Ministerial Servicing.
Crown Entities to Be Monitored in 2007/2008
Vote: Economic, Industry and Regional Development
- New Zealand Trade and Enterprise
- New Zealand Venture Investment Fund Limited (with CCMAU)
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.
Cost
These activities form part of the Policy advice output expense in each of Vote: Economic, Industry and Regional Development; Vote: Commerce; Vote: Energy; and Vote: Tourism.
[Other Crown Entities]
In addition, the Ministry will provide advice, as required, and manage appointments to the boards listed below:
Vote: Economic, Industry and Regional Development
- Electricity and Gas Complaints Commission
- Growth and Innovation Advisory Board
- Small Business Advisory Group
Vote: Commerce
- Banking Ombudsman
- Complaints Assessment Committee
- Chartered Professional Engineers Council
- Engineers' Registration Board
- Engineering Associates Registration Board
- Insurance and Savings Ombudsman
- Joint Accreditation System of Australia and New Zealand
- Motor Vehicle Disputes Tribunal
- Temporary Safeguard Authority
- Trans-Tasman Accounting Standards Advisory Group
Vote: Communications
- Copyright Tribunal
- Digital Strategy Advisory Group
Vote: Tourism
- Māori Trade Marks Advisory Committee
- New Zealand Māori Arts and Crafts Institute
Cost
These activities form part of the policy advice related output expenses in each of the above Votes.
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