Crown entities

From Wikipedia, the free encyclopedia

A Crown entity is a type of organisation that forms part of New Zealand's state sector established under the Crown Entities Act 2004 a unique umbrella governance and accountability statute. Crown entities come under the following subtypes:

• Crown-Owned Companies (CROCs) — registered companies wholly owned by the government including Crown Research Institutes (CRIs) — registered companies formed from the former Department of Scientific and Industrial Research (DSIR)
• 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 have regard to government policy such as Te Papa the national museum
• Independent Crown Entities such as the Commerce Commission that administer competition policy/antitrust
• School Boards of Trustees.

Notable crown entities include the 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.

[edit] See also

• State sector organisations in New Zealand (listing of crown entities) and http://www.ssc.govt.nz/