Appointment-only Entities

Page updated 20 Nov 2010

Apart from the many entities where the Crown Ownership Monitoring Unit (COMU) is responsible both for board appointment and the monitoring function, there are some boards and bodies where COMU undertakes only the appointment function, while other parts of Treasury provide either the monitoring function or secretariat support.

New Zealand Productivity Commission

The NZ Productivity Commission, an independent Crown entity (ICE), is intended to be a source of independent advice on productivity-related matters. Enabling legislation is expected to be enacted by the end of 2010 so that the Commission can be up and running in April 2011.

New Zealand Productivity Commission webpage on The Treasury website.

Crown Forestry Rental Trust

The Crown Forestry Rental Trust works to expedite the settlement of Māori claims against the Crown, which involves, or could involve, Crown forest licensed lands. The trust operates within the framework of a Trust Deed, with funds coming from annual rental fees for licences to use certain Crown forest licensed lands.

Crown Forestry Rental Trust website

Government Superannuation Appeals Board

This is an independent entity that hears appeals on decisions made by or on behalf of the Government Superannuation Fund Authority on the issues arising out of the seven schemes it is responsible for.

Government Superannuation Fund Authority webpage on the Ministry of Justice website.

National Infrastructure Advisory Board

The National Infrastructure Advisory Board has been established to advise the National Infrastructure Unit and the Minister for Infrastructure on infrastructure project appraisal, capital asset management issues and the development of the National Infrastructure Plan. A key role for the board is to engage with the private sector, local government and other stakeholders.

National Infrastructure Advisory Board webpage

Nominating Committee for the Guardians of NZ Superannuation Fund

The Guardians of New Zealand Superannuation is a Crown Entity established by the New Zealand Superannuation Act 2001 to manage and administer the New Zealand Superannuation Fund.

The Guardians of New Zealand Superannuation has a separate governing board whose members are appointed by the Governor-General on the recommendation of the Minister of Finance. An independent nominating committee makes nominations to the Minister who then consults with representatives of other political parties in Parliament before the decision is made.

New Zealand Superannuation Fund website

Reserve Bank

The Reserve Bank of New Zealand is New Zealand's central bank. The bank manages monetary policy to maintain price stability, promotes the maintenance of a sound and efficient financial system and supplies New Zealand bank notes and coins.

Reserve Bank website

To see the list of entities where COMU undertakes both the monitoring and appointments functions refer to portfolio of entities.