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Crown entities)
A Crown entity (from the Commonwealth 'crown' term) is an organisation that forms part of New Zealand's state sector established under the Crown Entities Act 2004,[1] a unique umbrella governance and accountability statute. Crown entities come under the following subtypes:
- Statutory entities — bodies corporate established under an Act
- Crown agents — organisations that give effect to government policy, such as the Accident Compensation Corporation which administers no-fault workers compensation
- Autonomous Crown entities that must have regard to government policy, such as Te Papa the national museum
- Independent Crown entities which are generally independent of government policy, such as the Commerce Commission which enforces legislation promoting competition
- Crown entity companies — registered companies wholly owned by the Crown including Crown Research Institutes (CRIs) and a small number of other companies
- Crown entity subsidiaries — companies that are subsidiaries of Crown entities
- School boards of trustees
- Tertiary education institutions, including universities, colleges of education, polytechnics and wānanga.
Crown entities can be contrasted with other organisational forms: departments of state, State-owned enterprises, offices of Parliament and sui generis organisations like the Reserve Bank.
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