Preparing the Statement of Intent: Guidance and Requirements for Crown Entities
Published 17 November 2010
Updated 28 Nov 2011
This guidance provides advice to boards, chief executives and staff of statutory Crown entities (Crown Agents, Autonomous Crown Entities, and Independent Crown Entities) on preparing their Statements of Intent (SOI). It sets out what is required of statutory Crown entities in terms of content and process for SOIs in accordance with the Crown Entities Act 2004 (CEA), and provides discussion and explanation of the main provisions and any associated expectations.
Crown entity boards and senior leaders of Crown entities should read the overview to understand the purpose and overall content requirements of the SOI. Those working on the documents are advised to read all of the guidance material to ensure they understand the requirements and the expected standards of reporting.
In November 2011, the What’s new? page was updated to advise Crown entities that they are unable to prepare an SOI once every three financial years (ie, a triennial SOI). This update also suggests that Crown entities consider the extent to which changes to the SOI are required each year. The SOI guidance document is due for review during 2012, with any changes taking effect from 2013 onwards.
