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Conclusion

The wider Crown estate is dominated by agencies designed to operate at arm's length from the Government and governed by boards.

  • Ministers' main influences over these agencies often comes through the appointment of good boards, comment on (and agreement to) Statements of Intent, funding levers (Crown entities), and performance monitoring and review. Ministers can only direct Crown agents on policy matters.
  • While administrative arrangements vary markedly by sector and business function, all agencies publish Statements of Intent and report performance.

The departments, Crown entities and SOEs covered in this chapter, together with other agencies named in section 27(3) of the Public Finance Act, and Schedule 4 entities, are all parts of the Government reporting entity - the whole estate for which the Government's financial statements are prepared.

Chapter Eight explains these reporting requirements.

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