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Crown entities
From Wikipedia, the free encyclopedia
(Redirected from Crown Entity)
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.
- State sector organisations in New Zealand (listing of crown entities) and http://www.ssc.govt.nz/
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