New Zealand Acts

PAE ORA (HEALTHY FUTURES) ACT 2022 - SECT 84

84 Responsibility to operate in financially responsible manner

1 Every organisation must operate in a financially responsible manner and for this purpose must endeavour to cover all its annual costs (including the cost of capital) from its net annual income.

2 Subsection (1) does not apply to HQSC in respect of costs, which are to be met by the Ministry of Health in a financially responsible manner that allows HQSC to perform its functions to a high standard.

3 This section does not limit section 51 of the Crown Entities Act 2004 .