New Zealand Trade and Enterprise Act 2003
Version as at 1 July 2025
New Zealand Trade and Enterprise Act 2003
Public Act |
2003 No 27 |
|
Date of assent |
24 June 2003 |
|
Commencement |
see section 2 |
Note
The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.
Note 4 at the end of this version provides a list of the amendments included in it.
This Act is administered by the Ministry of Business, Innovation, and Employment.
Contents
1 Title
This Act is the New Zealand Trade and Enterprise Act 2003.
Part 1 Preliminary provisions
2 Commencement
This Act comes into force on 1 July 2003.
3 Purpose
(1)
The purpose of this Act is to support the development of internationally competitive New Zealand business by establishing New Zealand Trade and Enterprise.
(2)
New Zealand Trade and Enterprise is the Crown entity responsible for facilitating (in co-operation with industry, central and local government, and relevant community groups) the development and implementation of strategies, programmes, and activities for trade, industry, and regional development as directed by the Government.
4 Overview
In this Act,—
(a)
this Part deals with preliminary matters, including the purpose of this Act, interpretation, and the application of this Act to the Crown:
(b)
Part 2 and Schedules 1 to 3 contain provisions regarding a new Crown entity called New Zealand Trade and Enterprise and include—
(i)
provisions relating to the establishment of NZTE (sections 7 to 13), the membership, role, and accountability of the board of NZTE (sections 14 to 16), the Minister’s role (sections 17 and 18), special advisers to the board (section 19), and committees of the board (sections 25 to 27) and supplementary provisions regarding the board’s and members’ duties, membership of the board, and procedure of the board (Schedules 1 to 3 respectively):
(ii)
provisions regarding the Chief Executive of NZTE, employees, superannuation, and the liability of members, and employees (sections 28 to 42):
(iii)
provisions regarding dealings with third parties by NZTE (sections 43 to 47), financial provisions (sections 48 to 53), provisions relating to the preparation of statements of intent (sections 54 to 64), and annual reporting provisions (sections 65 to 72):
(c)
Part 3 deals with the dissolution of the New Zealand Trade Development Board and of Industry New Zealand (section 74), transitional matters (sections 75 to 82), the application of the Public Records Act 2005 (section 83), consequential amendments to other Acts (section 84 and Schedule 4), and repeals (section 85).
Section 4(c): amended, on 21 April 2005, by section 67(1) of the Public Records Act 2005 (2005 No 40).
5 Interpretation
In this Act, unless the context otherwise requires,—
board means the board of NZTE
enactment includes this Act
former agency means either or both of the following (as the context requires):
(a)
Industry New Zealand:
(b)
Trade New Zealand
industry means a business, trade, manufacturing or commercial undertaking, profession, occupation, or undertaking relating to the supply or acquisition of goods or services
Industry New Zealand means the Crown entity established under section 7 of the Industry New Zealand Act 2000
Minister means the Minister or Ministers of the Crown who, under the authority of any warrant or with the authority of the Prime Minister, are for the time being responsible for the administration of this Act
subsidiary has the same meaning as Crown entity subsidiary does in section 7 of the Crown Entities Act 2004
Trade New Zealand means the New Zealand Trade Development Board established under section 3 of the New Zealand Trade Development Board Act 1988
transferred employee means a person who,—
(a)
immediately before the commencement of this Act, is employed by a former agency; and
(b)
is transferred to NZTE under section 76.
Section 5 borrow: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 5 chairperson: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 5 committee: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 5 deputy chairperson: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 5 equal employment opportunities programme: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 5 fees framework: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 5 good employer: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 5 member: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 5 NZTE paragraph (b): repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 5 subsidiary: substituted, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
6 Act binds the Crown
This Act binds the Crown.
Part 2 New Zealand Trade and Enterprise
Establishment of NZTE
7 Establishment
This section establishes New Zealand Trade and Enterprise.
8 Crown entity status
(1)
NZTE is a Crown entity for the purposes of section 7 of the Crown Entities Act 2004.
(2)
The Crown Entities Act 2004 applies to NZTE except to the extent that this Act expressly provides otherwise.
(3)
Members of NZTE are the board for the purposes of the Crown Entities Act 2004.
Section 8: substituted, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
9 Functions
(1)
The functions of NZTE are to—
(a)
contribute to a supportive environment for sustainable economic development by—
(i)
fostering collaborative networks and partnerships between central government, local government, industry, trade unions, regions, education and research organisations, and individual enterprises; and
(ii)
encouraging the development and delivery of economic development services by the private and non-government sector; and
(iii)
co-ordinating the delivery of government economic development assistance to industry, regions, and individual businesses:
(b)
provide a conduit for input and advice from industry, trade unions, local government, regions, education and research organisations, and individual enterprises on programmes to implement the Government’s policies for economic, industry, and regional development:
(c)
enhance industry and regional enterprise and entrepreneurial capabilities by—
(i)
providing information; and
(ii)
facilitating access to skills, expertise, and resources:
(d)
contribute to increased exports from New Zealand by—
(i)
strengthening global linkages through trade promotion; and
(ii)
providing appropriate business and market development assistance:
(e)
carry out any additional function in relation to trade, industry, and regional development that is added by the Minister in accordance with section 112 of the Crown Entities Act 2004.
(f)
[Repealed](2)
[Repealed](3)
[Repealed]Section 9(1)(a)(i): amended, on 1 July 2025, by section 17(1) of the Invest New Zealand Act 2025 (2025 No 33).
Section 9(1)(b): amended, on 1 July 2025, by section 17(1) of the Invest New Zealand Act 2025 (2025 No 33).
Section 9(1)(d): replaced, on 1 July 2025, by section 17(2) of the Invest New Zealand Act 2025 (2025 No 33).
Section 9(1)(e): substituted, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 9(1)(f): repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 9(2): repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Section 9(3): repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
10 NZTE is body corporate
[Repealed]Section 10: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
11 Capacity and powers
[Repealed]Section 11: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
12 Compliance with government policy
[Repealed]Section 12: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
13 Requirements for notices and Ministerial directions
[Repealed]Section 13: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Membership, role, and accountability of board
14 Membership of board
(1)
The board must have at least 3 members, but not more than 9 members.
(2)
[Repealed]Section 14(2): repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
15 Board’s role
[Repealed]Section 15: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
16 Accountability of members to Minister
[Repealed]Section 16: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Minister’s role[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
17 Minister’s role
[Repealed]Section 17: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
18 Minister responsible to House of Representatives
[Repealed]Section 18: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Special advisers
19 Special advisers
(1)
The Minister may appoint the persons referred to in subsection (2) as special advisers to assist the board in aligning its strategy and activities with government policy.
(2)
The persons are—
(a)
the Secretary of Foreign Affairs and Trade; and
(b)
the Chief Executive of the Ministry of Economic Development.
(3)
A special adviser is not a member, but may attend meetings of the board.
(4)
A special adviser may also attend meetings of any of the committees of the board, but is not to be regarded as a member of the committee.
(5)
For the purposes of subsection (3) or subsection (4), each special adviser must be given reasonable notice of the time and place of every meeting of the board or of its committees (as the case may be) and any written material or document that relates to matters to be considered at the meeting by,—
(a)
in the case of meetings of the board, the chairperson, the deputy chairperson, or the member or members calling the meeting; or
(b)
in the case of meetings of a committee, the member or members calling the meeting.
Section 19(2): editorial change made by the PCO, on 21 May 2025, under sections 86(1) and 87(l)(i) of the Legislation Act 2019 (2019 No 58).
Delegation by board
20 Persons to whom board may delegate functions, duties, and powers
[Repealed]Section 20: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
21 Certain powers must not be delegated
(1)
The board must not delegate any of the following powers:
(a)
the power to acquire or dispose of real property:
(b)
the power to form and register a subsidiary:
(c)
the power to borrow money:
(d)
the power to appoint a chief executive.
(2)
In other respects, section 73 of the Crown Entities Act 2004 applies.
Section 21(2): added, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
22 Effect of delegation
[Repealed]Section 22: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
23 Presumption of acting in accordance with delegation
[Repealed]Section 23: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
24 Other matters relating to delegation
[Repealed]Section 24: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Committees[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
25 Board may appoint committees
[Repealed]Section 25: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
26 Membership of committee
[Repealed]Section 26: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
27 Committee to regulate own procedure
[Repealed]Section 27: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Chief Executive of NZTE
28 Appointment of chief executive
(1)
The board must appoint a chief executive.
(2)
The chief executive must not be a member.
(3)
The chief executive is responsible to the board for the efficient and effective administration of the affairs of NZTE.
29 Terms and conditions of chief executive’s employment
[Repealed]Section 29: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
30 Delegation of functions, duties, or powers by chief executive
[Repealed]Section 30: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Employees of NZTE[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
31 Personnel policy
[Repealed]Section 31: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
32 Equal employment opportunities programme
[Repealed]Section 32: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Superannuation
33 Establishment of superannuation schemes
[Repealed]Section 33: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
34 Government Superannuation Fund
(1)
A person who, immediately before becoming an employee of NZTE, was a contributor to the Government Superannuation Fund under Part 2 or Part 2A of the Government Superannuation Fund Act 1956 is, for the purposes of that Act, to be treated as if he or she were employed in the Government service as long as the person continues to be an employee of NZTE.
(2)
The Government Superannuation Fund Act 1956 applies to the person in all respects as if the person’s service as an employee of NZTE were Government service.
(3)
A person employed by NZTE who ceases to be a contributor to the Government Superannuation Fund is not subsequently entitled to become a contributor.
(4)
For the purposes of applying the Government Superannuation Fund Act 1956 in accordance with subsection (2), controlling authority, in relation to that employee, means NZTE.
35 Employees not in service of the Crown
[Repealed]Section 35: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Corruption and bribery, and corrupt use of official information[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
36 Members and employees are officials
[Repealed]Section 36: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Protections from liability of members and employees[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
37 Protections for members and employees from liabilities of NZTE
[Repealed]Section 37: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
38 Immunity of members and employees from civil liability to third parties
[Repealed]Section 38: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
39 Indemnity for members and employees for costs from civil and criminal proceedings
[Repealed]Section 39: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
40 Insurance for members and employees
[Repealed]Section 40: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
41 Breach of indemnity and insurance limits
[Repealed]Section 41: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
42 Definitions for protections from liability
[Repealed]Section 42: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Dealings with third parties by NZTE[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
43 Execution of documents
[Repealed]Section 43: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
44 Method of contracting
[Repealed]Section 44: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
45 Attorneys
[Repealed]Section 45: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
46 Dealings between NZTE and other persons
[Repealed]Section 46: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
47 Presumption of authority to execute document
[Repealed]Section 47: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Financial provisions[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
48 Funds of NZTE
[Repealed]Section 48: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
49 Bank accounts
[Repealed]Section 49: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
50 Investment of money
[Repealed]Section 50: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
51 NZTE not to borrow without consent of Minister of Finance
[Repealed]Section 51: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
52 Auditor-General to be auditor of NZTE
[Repealed]Section 52: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
53 NZTE deemed to be public authority
[Repealed]Section 53: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Planning—Statement of intent[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
54 Purpose of statement of intent
[Repealed]Section 54: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
55 Obligation to prepare statement of intent
[Repealed]Section 55: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
56 Form and content of statement of intent
[Repealed]Section 56: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
57 Ministerial involvement in statements of intent
[Repealed]Section 57: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
58 Process for providing statement of intent to Minister
[Repealed]Section 58: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
59 Application and term of statement of intent
[Repealed]Section 59: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
60 Amendments to statement of intent
[Repealed]Section 60: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
61 Optional amendments by NZTE
[Repealed]Section 61: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
62 Mandatory amendments
[Repealed]Section 62: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
63 Amendments to statement of intent by Minister
[Repealed]Section 63: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
64 Minister to present statement of intent and amendments to House of Representatives
[Repealed]Section 64: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Reporting—Annual report[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
65 Obligation to prepare annual report
[Repealed]Section 65: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
66 Form and content of annual report
[Repealed]Section 66: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
67 Form and content of statement of service performance
[Repealed]Section 67: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
68 Form and content of annual financial statements
[Repealed]Section 68: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
69 Statement of responsibility
[Repealed]Section 69: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
70 Audit
[Repealed]Section 70: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
71 Obligation to provide annual report to Minister
[Repealed]Section 71: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
72 Minister to present annual report to House of Representatives
[Repealed]Section 72: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Review of NZTE’s operations and performance[Repealed]
Heading: repealed, on 25 January 2005, pursuant to section 200 of the Crown Entities Act 2004 (2004 No 115).
73 Review of NZTE’s operations and performance
[Repealed]Section 73: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Part 3 Miscellaneous provisions
Dissolution of former agencies
74 Former agencies dissolved
The former agencies are dissolved.
Transitional provisions
75 Assets and liabilities vest in NZTE
All rights, assets, liabilities, and debts that a former agency had immediately before the commencement of this Act must be treated as the rights, assets, liabilities, and debts of NZTE on that commencement.
76 Transfer of employees
NZTE may, after consulting the employee concerned, transfer a person who is employed by a former agency immediately before the commencement of this Act to NZTE.
77 Terms and conditions of employment for transferred employee
(1)
The employment of a transferred employee must be on terms and conditions no less favourable to the transferred employee than those applying to the employee immediately before the date of the person’s transfer to NZTE.
(2)
Subsection (1)—
(a)
continues to apply to the terms and conditions of employment of a transferred employee until those terms and conditions are varied by agreement between the transferred employee or his or her representative and NZTE; but
(b)
does not apply to a transferred employee who receives any subsequent employment with NZTE.
78 Continuity of employment
(1)
Every transferred employee becomes an employee of NZTE on the date of transfer.
(2)
However, for the purposes of every enactment, law, determination, contract, and agreement relating to the employment of the employee,—
(a)
the contract of employment of that employee must be treated as unbroken; and
(b)
the employee’s period of service with a former agency, and every other period of service of that employee that is recognised by a former agency as continuous service, must be treated as a period of service with NZTE.
79 No compensation for technical redundancy
A transferred employee is not entitled to receive any payment or any other benefit solely on the ground that—
(a)
the position held by the person in a former agency has ceased to exist; or
(b)
the person has ceased (as a result of the transfer to NZTE) to be an employee of a former agency.
80 Final reports and accounts
(1)
As soon as practicable after the commencement of this Act, NZTE must arrange for the final report of each former agency to be delivered to the Minister.
(2)
The report must—
(a)
describe the former agency’s operations for the period beginning on 1 July 2002 and ending with the close of 30 June 2003; and
(b)
include—
(i)
financial statements of that agency prepared, in accordance with Part 5 of the Public Finance Act 1989, for that period; and
(ii)
an audit report prepared by the Auditor-General and a statement of responsibility relating to those financial statements.
(3)
The Minister must present a copy of every report under this section to the House of Representatives under section 44A of the Public Finance Act 1989.
81 References to former agency
Unless the context otherwise requires, every reference to a former agency in any enactment, agreement, deed, instrument, application, notice, or in any other document in force immediately before the commencement of this Act must, on or after that commencement, be read as a reference to NZTE.
82 Proceedings of former agency
(1)
Any proceedings to which a former agency is a party before the commencement of this Act may be continued, completed, and enforced by or against NZTE.
(2)
This section is for the avoidance of doubt.
Application of Public Records Act 2005
Heading: substituted, on 21 April 2005, by section 67(1) of the Public Records Act 2005 (2005 No 40).
83 Public Records Act 2005 to apply
NZTE is a public office for the purposes of the Public Records Act 2005.
Section 83: substituted, on 21 April 2005, by section 67(1) of the Public Records Act 2005 (2005 No 40).
Consequential amendments
84 Consequential amendments
The Acts specified in Schedule 4 are amended in the manner indicated in that schedule.
Repeals
85 Repeals
The New Zealand Trade Development Board Act 1988 (1988 No 160) and the Industry New Zealand Act 2000 (2000 No 27) are repealed.
Schedule 1 Members’ duties
[Repealed]Schedule 1: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Schedule 2 Membership of board
[Repealed]Schedule 2: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Schedule 3 Procedure of board
[Repealed]Schedule 3: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Schedule 4 Acts amended
[Repealed]Schedule 4: repealed, on 25 January 2005, by section 200 of the Crown Entities Act 2004 (2004 No 115).
Notes
1 General
This is a consolidation of the New Zealand Trade and Enterprise Act 2003 that incorporates the amendments made to the legislation so that it shows the law as at its stated date.
2 Legal status
A consolidation is taken to correctly state, as at its stated date, the law enacted or made by the legislation consolidated and by the amendments. This presumption applies unless the contrary is shown.
Section 78 of the Legislation Act 2019 provides that this consolidation, published as an electronic version, is an official version. A printed version of legislation that is produced directly from this official electronic version is also an official version.
3 Editorial and format changes
The Parliamentary Counsel Office makes editorial and format changes to consolidations using the powers under subpart 2 of Part 3 of the Legislation Act 2019. See also PCO editorial conventions for consolidations.
4 Amendments incorporated in this consolidation
Invest New Zealand Act 2025 (2025 No 33): section 17
Public Records Act 2005 (2005 No 40): section 67(1)
Crown Entities Act 2004 (2004 No 115): section 200